HERNANDEZ LOUIS JR 4
4 · AVID TECHNOLOGY, INC. · Filed Dec 11, 2017
Insider Transaction Report
Form 4
HERNANDEZ LOUIS JR
Director
Transactions
- Tax Payment
Common Stock
2017-12-09$5.90/sh−5,719$33,742→ 728,063 total - Tax Payment
Common Stock
2017-12-09$5.90/sh−8,225$48,528→ 719,838 total
Holdings
- 597,100(indirect: By LLC)
Common Stock
Footnotes (3)
- [F1]Represents shares withheld by the Issuer to satisfy tax withholding obligation upon the vesting on December 9, 2017 of 8.33% of the restricted stock units awarded on March 9, 2015. This award includes a provision requiring the withholding of shares by the Issuer to pay the required withholding taxes due on the vesting date.
- [F2]Includes shares acquired under the Issuer's Employee Stock Purchase Plan based upon the most current data available.
- [F3]Represents shares withheld by the Issuer to satisfy tax withholding obligation upon the vesting on December 9, 2017 of 8.33% of the restricted stock units awarded on March 9, 2016. This award includes a provision requiring the withholding of shares by the Issuer to pay the required withholding taxes due on the vesting date.