Glover Lawrence 4
4 · AVID TECHNOLOGY, INC. · Filed May 18, 2012
Insider Transaction Report
Form 4
Lawrence Glover
VP of Corporate Development
Transactions
- Tax Payment
Common Stock
2012-05-16$7.05/sh−148$1,043→ 15,915 total
Footnotes (1)
- [F1]Represents shares withheld by the Issuer to satisfy tax withholding obligation upon the vesting on May 16, 2012 of 6.25% of the restricted stock units awarded on February 16, 2011. This award includes a provision for the withholding of shares by the Issuer to pay the withholding taxes due on the vesting date.