AVID TECHNOLOGY, INC. 4
4 · AVID TECHNOLOGY, INC. · Filed Dec 12, 2016
Insider Transaction Report
Form 4
Lowenstein Richard M
SVP, Avid Global Services
Transactions
- Tax Payment
Common Stock
2016-12-09$4.57/sh−754$3,446→ 68,200 total
Footnotes (2)
- [F1]Represents shares withheld by the Issuer to satisfy tax withholding obligation upon the vesting on December 9, 2016 of 8.33% of the restricted stock units awarded on March 9, 2015. This award includes a provision requiring the withholding of shares by the Issuer to pay the withholding taxes due on the vesting date.
- [F2]Includes shares acquired under the Issuer's Employee Stock Purchase Plan based upon the most current data available.