4//SEC Filing
NETZER LIOR 4
Accession 0000896841-21-000039
CIK 0000896841other
Filed
Mar 15, 8:00 PM ET
Accepted
Mar 16, 7:39 PM ET
Size
11.7 KB
Accession
0000896841-21-000039
Insider Transaction Report
Form 4
NETZER LIOR
SVP & GM, Media & Cloud
Transactions
- Award
Common Stock
2021-03-15+13,793→ 59,195 total - Award
Performance Rights (Restricted Stock Units)
2021-03-15+13,793→ 13,793 totalExp: 2024-03-15→ Common Stock (13,793 underlying)
Footnotes (2)
- [F1]Represents an award of restricted stock units that will vest on a time-based vesting schedule as follows: 33.33% on the first anniversary of the grant date of March 15, 2021, and the remaining 66.66% in equal 8.33% installments every 3 months thereafter, provided the reporting person continues to be employed by the Issuer on each such vesting date. Each restricted stock unit represents the contingent right to receive one share of the Issuer's common stock. 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]Represents an award of restricted stock units which vest on a performance-based schedule based on the Issuer's relative total shareholder return (rTSR) to the Russell 2000 index in 2022, 2023 and 2024. Each restricted stock unit represents the contingent right to receive one share of the Issuer's common stock. This award includes a provision for the withholding of shares by the Issuer to pay the required withholding taxes due on each such vesting date
Issuer
AVID TECHNOLOGY, INC.
CIK 0000896841
Entity typeother
Related Parties
1- filerCIK 0001835548
Filing Metadata
- Form type
- 4
- Filed
- Mar 15, 8:00 PM ET
- Accepted
- Mar 16, 7:39 PM ET
- Size
- 11.7 KB