4//SEC Filing
BLUM CAPITAL PARTNERS LP 4
Accession 0001652608-20-000003
CIK 0000896841other
Filed
Apr 8, 8:00 PM ET
Accepted
Apr 9, 5:10 PM ET
Size
25.4 KB
Accession
0001652608-20-000003
Insider Transaction Report
Form 4
BCP III AIV A, L.P.
10% Owner
Transactions
- Other
Common Stock
2020-04-07−2,292,283→ 694,955 total - Other
Common Stock
2020-04-07+21→ 39,531 total - Other
Common Stock
2020-04-07−2,707,717→ 820,902 total - Other
Common Stock
2020-04-07+21→ 21 total
Blum Strategic GP IV, L.L.C.
10% Owner
Transactions
- Other
Common Stock
2020-04-07+21→ 39,531 total - Other
Common Stock
2020-04-07−2,707,717→ 820,902 total - Other
Common Stock
2020-04-07−2,292,283→ 694,955 total - Other
Common Stock
2020-04-07+21→ 21 total
Blum Strategic GP III, L.L.C.
10% Owner
Transactions
- Other
Common Stock
2020-04-07−2,292,283→ 694,955 total - Other
Common Stock
2020-04-07+21→ 39,531 total - Other
Common Stock
2020-04-07+21→ 21 total - Other
Common Stock
2020-04-07−2,707,717→ 820,902 total
Blum Strategic GP V, L.L.C.
10% Owner
Transactions
- Other
Common Stock
2020-04-07−2,707,717→ 820,902 total - Other
Common Stock
2020-04-07−2,292,283→ 694,955 total - Other
Common Stock
2020-04-07+21→ 39,531 total - Other
Common Stock
2020-04-07+21→ 21 total
BCP IV AIV A, L.P.
10% Owner
Transactions
- Other
Common Stock
2020-04-07−2,707,717→ 820,902 total - Other
Common Stock
2020-04-07−2,292,283→ 694,955 total - Other
Common Stock
2020-04-07+21→ 39,531 total - Other
Common Stock
2020-04-07+21→ 21 total
BLUM CAPITAL PARTNERS LP
10% Owner
Transactions
- Other
Common Stock
2020-04-07+21→ 21 total - Other
Common Stock
2020-04-07−2,707,717→ 820,902 total - Other
Common Stock
2020-04-07+21→ 39,531 total - Other
Common Stock
2020-04-07−2,292,283→ 694,955 total
RICHARD C BLUM & ASSOCIATES INC
10% Owner
Transactions
- Other
Common Stock
2020-04-07−2,707,717→ 820,902 total - Other
Common Stock
2020-04-07+21→ 39,531 total - Other
Common Stock
2020-04-07+21→ 21 total - Other
Common Stock
2020-04-07−2,292,283→ 694,955 total
Footnotes (6)
- [F1]These shares of the Common Stock of the Issuer are held directly by BCP III AIV A, L.P. ("AIV III"). These shares may also be deemed to be owned indirectly by (i) Blum Strategic GP III, L.P. ("Blum GP III LP"), AIV III's general partner, and (ii) Blum Strategic GP III, L.L.C. ("Blum GP III"), Blum GP III LP's general partner. Both Blum GP III LP and Blum GP III disclaim beneficial ownership of these shares, except to the extent of any pecuniary interest therein.
- [F2]These shares of the Common Stock of the Issuer are held directly by BCP IV AIV A, L.P. ("AIV IV"). These shares may also be deemed to be owned indirectly by (i) Blum Strategic GP IV, L.P. ("Blum GP IV LP"), AIV IV's general partner, and (ii) Blum Strategic GP IV, L.L.C. ("Blum GP IV"), Blum GP IV LP's general partner. Both Blum GP IV LP and Blum GP IV disclaim beneficial ownership of these shares, except to the extent of any pecuniary interest therein.
- [F3]Consists of 39,510 shares of Common Stock owned directly by Richard C. Blum and Associates Inc. ("RCBA") and 21 shares of Common Stock owned directly by Blum Capital Partners, L.P. ("Blum LP"). See footnote (6) for more information.
- [F4]Pursuant to a previously disclosed Rule 10b5-1 plan (the "Rule 10b5-1 Plan") entered into by the Reporting Persons, Blum Strategic Partners V, L.P. ("Strategic V"), and certain limited partners of Strategic V, AIV III distributed, for no consideration and on a pro rata basis, 2,414,310 shares of Common Stock to its partners and AIV IV distributed, for no consideration and on a pro rata basis, 2,292,283 shares of Common Stock to its partners. As a limited partner of each of AIV III and AIV IV, Strategic V was deemed to acquire an aggregate of 4,183,552 shares of Common Stock in these distributions, however, pursuant to the Rule 10b5-1 Plan, Strategic V immediately distributed all such shares of Common Stock to its partners for no consideration on a pro rata basis. Strategic V did not directly own any shares of Common Stock prior to the AIV III and AIV IV distributions nor did it retain direct ownership of any shares following the completion of its own distribution.
- [F5]Blum Strategic GP V, L.P. ("Blum GP V LP") serves as general partner of Strategic V and, in turn, Blum Strategic GP V, L.L.C. ("Blum GP V") serves as its general partner. Each of Blym GP V LP and Blum GP V may be deemed to indirectly beneficially own any shares beneficially owned by Strategic V. Both Blum GP V LP and Blum GP V disclaim beneficial ownership of any shares that Strategic V may be deemed to beneficially own, except to the extent of any pecuniary interest therein.
- [F6]As a limited partner of AIV III and AIV IV, Blum LP acquired 21 shares of Common Stock in the distributions by AIV III and AIV IV described in footnote (4). RCBA serves as general partner of Blum LP and may be deemed to indirectly beneficially own any shares beneficially owned by Blum LP. RCBA disclaims beneficial ownership of any shares that Blum LP may be deemed to beneficially own, except to the extent of any pecuniary interest therein.
Issuer
AVID TECHNOLOGY, INC.
CIK 0000896841
Entity typeother
IncorporatedCA
Related Parties
1- filerCIK 0000938775
Filing Metadata
- Form type
- 4
- Filed
- Apr 8, 8:00 PM ET
- Accepted
- Apr 9, 5:10 PM ET
- Size
- 25.4 KB