Lawrence Glover 4
4 · AVID TECHNOLOGY, INC. · Filed Aug 26, 2011
Insider Transaction Report
Form 4
Lawrence Glover
VP of Corporate Development
Transactions
- Tax Payment
Common Stock
2011-08-25$9.35/sh−396$3,703→ 11,870 total
Footnotes (1)
- [F1]Represents shares withheld by the Issuer to satisfy tax withholding obligation upon the vesting on August 25, 2011 of 25% of the restricted stock units awarded on August 25, 2008. This award includes a provision for the withholding of shares by the Issuer to pay the withholding taxes due on the vesting date.