4//SEC Filing
Gibson Angelic 4
Accession 0000950170-25-032925
CIK 0001858257other
Filed
Mar 3, 7:00 PM ET
Accepted
Mar 4, 9:20 PM ET
Size
17.1 KB
Accession
0000950170-25-032925
Insider Transaction Report
Form 4
Gibson Angelic
See Remarks
Transactions
- Exercise/Conversion
Common Stock
2025-02-28+4,720→ 733,017 total - Exercise/Conversion
Common Stock
2025-02-28+10,883→ 743,900 total - Sale
Common Stock
2025-02-28$7.59/sh−1,355$10,290→ 742,545 total - Sale
Common Stock
2025-02-28$7.59/sh−3,122$23,708→ 739,423 total - Sale
Common Stock
2025-02-28$7.59/sh−2,929$22,243→ 736,494 total - Sale
Common Stock
2025-02-28$7.59/sh−16,186$122,916→ 720,308 total - Exercise/Conversion
Restricted Stock Units
2025-02-28−4,720→ 0 total→ Common Stock (4,720 underlying) - Exercise/Conversion
Restricted Stock Units
2025-02-28−10,883→ 43,533 total→ Common Stock (10,883 underlying)
Footnotes (5)
- [F1]Upon vesting, restricted stock units convert into common stock on a one-for-one-basis.
- [F2]The sales reported on this Form 4 represent shares sold by the reporting person to cover tax withholding obligations in connection with the vesting and settlement of restricted stock units. The sales were to satisfy tax withholding obligations to be funded by a "sell to cover" transaction.
- [F3]This transaction was executed in multiple trades at prices ranging from $7.53 to $7.70. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effected.
- [F4]On February 19, 2021, the reporting person was granted 75,492 restricted stock units, vesting 25% on the first anniversary of the vesting commencement date and quarterly thereafter. The vesting commencement date was February 15, 2021.
- [F5]On March 16, 2022, the reporting person was granted 174,129 restricted stock units, vesting 25% on the first anniversary of the vesting commencement date and quarterly thereafter. The vesting commencement date was February 15, 2022.
Documents
Issuer
AvidXchange Holdings, Inc.
CIK 0001858257
Entity typeother
Related Parties
1- filerCIK 0001886742
Filing Metadata
- Form type
- 4
- Filed
- Mar 3, 7:00 PM ET
- Accepted
- Mar 4, 9:20 PM ET
- Size
- 17.1 KB