4//SEC Filing
Impactive Capital LLC 4
Accession 0000921895-22-001732
CIK 0000896841other
Filed
May 17, 8:00 PM ET
Accepted
May 18, 6:23 PM ET
Size
14.4 KB
Accession
0000921895-22-001732
Insider Transaction Report
Form 4
Impactive Capital GP LLC
10% Owner
Transactions
- Award
Common Stock
2022-05-18+6,242→ 36,577 total - Purchase
Common Stock
2022-05-16$24.73/sh+250,000$6,181,250→ 7,131,793 total(indirect: See Footnote)
Impactive Capital LLC
10% Owner
Transactions
- Purchase
Common Stock
2022-05-16$24.73/sh+250,000$6,181,250→ 7,131,793 total(indirect: See Footnote) - Award
Common Stock
2022-05-18+6,242→ 36,577 total
Wolfe Lauren Taylor
10% Owner
Transactions
- Purchase
Common Stock
2022-05-16$24.73/sh+250,000$6,181,250→ 7,131,793 total(indirect: See Footnote) - Award
Common Stock
2022-05-18+6,242→ 36,577 total
Asmar Christian
Director
Transactions
- Purchase
Common Stock
2022-05-16$24.73/sh+250,000$6,181,250→ 7,131,793 total(indirect: See Footnote) - Award
Common Stock
2022-05-18+6,242→ 36,577 total
Impactive Capital LP
10% Owner
Transactions
- Award
Common Stock
2022-05-18+6,242→ 36,577 total - Purchase
Common Stock
2022-05-16$24.73/sh+250,000$6,181,250→ 7,131,793 total(indirect: See Footnote)
Footnotes (4)
- [F1]This Form 4 is filed jointly by Impactive Capital GP LLC ("Impactive GP"), Impactive Capital LP ("Impactive Capital"), Impactive Capital LLC ("Impactive Capital GP"), Lauren Taylor Wolfe and Christian Asmar (collectively, the "Reporting Persons"). Each of the Reporting Persons is a member of a Section 13(d) group that collectively owns more than 10% of the Issuer's outstanding shares of Common Stock. Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein except to the extent of his, her or its pecuniary interest therein.
- [F2]Securities of the Issuer beneficially owned by Impactive GP and Impactive Capital. As the general partner of Impactive Capital, Impactive Capital GP may be deemed to beneficially own the securities of the Issuer beneficially owned by Impactive Capital. As managing members of each of Impactive GP and Impactive Capital GP, each of Ms. Taylor Wolfe and Mr. Asmar may be deemed to beneficially own the securities of the Issuer beneficially owned by Impactive GP and Impactive Capital GP.
- [F3]Represents an award of restricted stock units ("RSUs") that will vest in full on the earlier of the date of the Company's 2023 Annual Meeting or May 18, 2023. Each RSU represents the contingent right to receive one share of the Issuer's common stock.
- [F4]Securities of the Issuer directly beneficially owned by Mr. Asmar, including 6,242 shares of Common Stock underlying certain RSUs, which will vest in full on the earlier of the date of the Issuer's 2023 Annual Meeting of Stockholders or May 18, 2023.
Documents
Issuer
AVID TECHNOLOGY, INC.
CIK 0000896841
Entity typeother
Related Parties
1- filerCIK 0001786731
Filing Metadata
- Form type
- 4
- Filed
- May 17, 8:00 PM ET
- Accepted
- May 18, 6:23 PM ET
- Size
- 14.4 KB