4//SEC Filing
Praeger Michael 4
Accession 0000950170-25-074696
CIK 0001858257other
Filed
May 18, 8:00 PM ET
Accepted
May 19, 6:58 PM ET
Size
15.0 KB
Accession
0000950170-25-074696
Insider Transaction Report
Form 4
Praeger Michael
DirectorChief Executive Officer
Transactions
- Sale
Common Stock
2025-05-15$9.74/sh−13,757$133,944→ 11,049,081 total - Exercise/Conversion
Common Stock
2025-05-15+32,649→ 11,077,835 total - Sale
Common Stock
2025-05-15$9.74/sh−14,997$146,017→ 11,062,838 total - Sale
Common Stock
2025-05-15$9.74/sh−11,251$109,544→ 11,037,830 total - Exercise/Conversion
Restricted Stock Units
2025-05-15−32,649→ 97,948 total→ Common Stock (32,649 underlying)
Holdings
- 660,627(indirect: By Michael Praeger and Cindy Praeger, Joint Tenants with Right of Survivorship)
Common Stock
- 1,328,276(indirect: By Green and Gold 2015 GRAT)
Common Stock
- 213,468(indirect: By Trust)
Common Stock
- 1,888,652(indirect: By Green and Gold 2014 GRAT)
Common Stock
Footnotes (4)
- [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 $9.73 to $9.745. 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 March 16, 2022, the reporting person was granted 522,388 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 0001886695
Filing Metadata
- Form type
- 4
- Filed
- May 18, 8:00 PM ET
- Accepted
- May 19, 6:58 PM ET
- Size
- 15.0 KB