4//SEC Filing
Praeger Michael 4
Accession 0000950170-25-110280
CIK 0001858257other
Filed
Aug 18, 8:00 PM ET
Accepted
Aug 19, 7:42 PM ET
Size
13.2 KB
Accession
0000950170-25-110280
Insider Transaction Report
Form 4
Praeger Michael
DirectorChief Executive Officer
Transactions
- Tax Payment
Common Stock
2025-08-15$9.90/sh−14,268$141,253→ 10,959,087 total - Exercise/Conversion
Restricted Stock Units
2025-08-15−32,649→ 65,299 total→ Common Stock (32,649 underlying) - Exercise/Conversion
Common Stock
2025-08-15+32,649→ 10,973,355 total - Tax Payment
Common Stock
2025-08-15$9.90/sh−13,089$129,581→ 10,945,998 total
Holdings
- 213,468(indirect: By Trust)
Common Stock
- 1,888,652(indirect: By Green and Gold 2014 GRAT)
Common Stock
- 1,328,276(indirect: By Green and Gold 2015 GRAT)
Common Stock
- 757,327(indirect: By Michael Praeger and Cindy Praeger, Joint Tenants with Right of Survivorship)
Common Stock
Footnotes (3)
- [F1]Upon vesting, restricted stock units convert into common stock on a one-for-one-basis.
- [F2]The Forms 4 filed on March 11, 15 and 16, 2022 inadvertently overstated Mr. Praeger's direct holdings of common stock by disclosing the open market purchases as being attributable to his direct holdings instead of his indirect holdings by Michael Praeger and Cindy Praeger, Joint Tenants with Right of Survivorship. Mr. Praeger's direct holdings on March 11, 15 and 16, 2022 (the dates the Forms 4 were filed) were 8,670,953 shares. Mr. Prager's indirect holdings by Michael Praeger and Cindy Praeger, Joint Tenants with Right of Survivorship on March 11, 15 and 16, 2022 (the dates the Forms 4 were filed) were 730,127, 744,427 and 757,327, respectively.
- [F3]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
- Aug 18, 8:00 PM ET
- Accepted
- Aug 19, 7:42 PM ET
- Size
- 13.2 KB