Duva Jason A 4
4 · AVID TECHNOLOGY, INC. · Filed Aug 10, 2020
Insider Transaction Report
Form 4
Duva Jason A
VP & General Counsel
Transactions
- Exercise/Conversion
Common Stock
2020-08-06$7.82/sh+70,355$550,176→ 423,728 total - Exercise/Conversion
Employee Stock Option (Right to Buy)
2020-08-06−70,355→ 34,645 totalExercise: $7.82From: 2014-05-14Exp: 2021-05-14→ Common Stock (70,355 underlying) - Sale
Common Stock
2020-08-06$9.31/sh−70,355$655,089→ 353,373 total
Footnotes (2)
- [F1]The price reported in Column 4 of Table 1 is a weighted average price. The shares were sold on August 6, 2020 in multiple transactions at prices ranging from $9.25 to $9.4185, inclusive. The reporting person undertakes to provide to any security holder of Avid Technology, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- [F2]Represents an award of non-qualified stock options granted on May 14, 2014 and became fully vested on January 17, 2016.