4//SEC Filing
Morris John C. 4
Accession 0000899243-21-040671
CIK 0001858257other
Filed
Oct 18, 8:00 PM ET
Accepted
Oct 19, 9:02 PM ET
Size
13.5 KB
Accession
0000899243-21-040671
Insider Transaction Report
Form 4
Morris John C.
Director
Transactions
- Exercise/Conversion
Warrant (right to buy)
2021-10-15−352,024→ 0 total(indirect: By Partnership)Exercise: $2.04From: 2015-12-11Exp: 2025-12-11→ Common Stock (352,024 underlying) - Conversion
Common Stock
2021-10-15+668,096→ 991,394 total(indirect: By Partnership) - Tax Payment
Common Stock
2021-10-15$25.00/sh−28,726$718,150→ 323,298 total(indirect: By Partnership) - Exercise/Conversion
Common Stock
2021-10-15$2.04/sh+352,024$718,129→ 352,024 total(indirect: By Partnership) - Conversion
Series E Preferred Stock
2021-10-15−167,024→ 0 total(indirect: By Partnership)→ Common Stock (668,096 underlying)
Footnotes (3)
- [F1]In connection with the issuer's initial public offering of common stock, these warrants were automatically converted into shares of the issuer's common stock on a net exercise basis.
- [F2]In connection with the issuer's initial public offering of common stock, all shares of Series E Preferred Stock were automatically converted into shares of the issuer's common stock on a 4-for-1 basis. The preferred stock was perpetual and therefore had no expiration date.
- [F3]The number of underlying shares of common stock and the exercise price reflect the 4-for-1 forward stock split which was effected on September 30, 2021.
Documents
Issuer
AvidXchange Holdings, Inc.
CIK 0001858257
Entity typeother
Related Parties
1- filerCIK 0001431297
Filing Metadata
- Form type
- 4
- Filed
- Oct 18, 8:00 PM ET
- Accepted
- Oct 19, 9:02 PM ET
- Size
- 13.5 KB