Victoria Mariesa 4
4 · AVID TECHNOLOGY, INC. · Filed Oct 13, 2023
Insider Transaction Report
Form 4
Victoria Mariesa
VP & Chief Accounting Officer
Transactions
- Award
Common Stock
2023-08-10+4,892→ 16,279 total - Tax Payment
Common Stock
2023-10-11$26.91/sh−190$5,113→ 16,089 total
Footnotes (2)
- [F1]Represents an award of restricted stock units (RSUs) that vest as to 100% of the RSUs on the first anniversary of the grant date, subject to a change in control provision. Each RSU represents the contingent right to receive one share of the Issuer's common stock.
- [F2]Represents shares withheld by the Issuer to satisfy tax withholding obligation upon the vesting on October 11, 2023 of 8.33% restricted stock units awarded on July 11, 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.