CORDINER TOM J. A. 4
4 · AVID TECHNOLOGY, INC. · Filed Jun 20, 2023
Insider Transaction Report
Form 4
CORDINER TOM J. A.
SVP of Global Sales
Transactions
- Tax Payment
Common Stock
2023-06-15$24.10/sh−693$16,701→ 220,958 total - Tax Payment
Common Stock
2023-06-16$24.17/sh−515$12,448→ 220,443 total
Footnotes (3)
- [F1]Represents shares withheld by the Issuer to satisfy tax withholding obligation upon the vesting on June 15, 2023 of 8.33% of the restricted stock units awarded on March 15, 2021. 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 June 16, 2023 of 8.34% of the restricted stock units awarded on March 16, 2022. This award includes a provision requiring the withholding of shares by the Issuer to pay the required withholding taxes due on the vesting date.