Parisi Paige 4
4 · AVID TECHNOLOGY INC · Filed Feb 25, 2009
Insider Transaction Report
Form 4
Parisi Paige
VP & General Counsel
Transactions
- Tax Payment
Common Stock
2009-02-23$9.86/sh−497$4,900→ 12,420 total
Footnotes (1)
- [F1]Represents shares withheld to satisfy tax withholding obligations upon the vesting on February 23, 2009 of 25% of the restricted stock units awarded to the reporting person on February 23, 2007. The Restricted Stock Unit Agreement pursuant to which the restricted stock units were awarded provides for the automatic withholding of shares to satisfy the withholding tax liability on each vesting date.