TIMOTHY CLAMAN - 22 Jan 2022 Form 4 Insider Report for AVID TECHNOLOGY, INC.

Role
SVP & GM Video Post & Storage
Signature
/s/ Alessandra Melloni as Attorney-in-Fact for Timothy Claman
Issuer symbol
N/A
Transactions as of
22 Jan 2022
Net transactions value
-$5,903
Form type
4
Filing time
24 Jan 2022, 15:24:08 UTC
Previous filing
23 Nov 2021
Next filing
02 Feb 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AVID Common Stock Tax liability $5,903 -203 -0.23% $29.08 88,095 22 Jan 2022 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares withheld by the Issuer to satisfy tax withholding obligation upon the vesting on January 22, 2022 of 8.32% of the restricted stock units awarded on July 22, 2020. This award includes a provision requiring the withholding of shares by the Issuer to pay the required withholding taxes due on the vesting date.