Robert M. Bakish - 25 May 2023 Form 4 Insider Report for AVID TECHNOLOGY, INC. (AVID)

Role
Director
Signature
/s/ Jacob Adams as Attorney-in-Fact for Robert M Bakish
Issuer symbol
AVID
Transactions as of
25 May 2023
Transactions value $
$0
Form type
4
Filing time
30 May 2023, 17:29:48 UTC
Previous filing
03 Mar 2023
Next filing
03 Nov 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AVID Common Stock Award $0 +6.2K +0.91% $0.00 691K 25 May 2023 Direct F1
holding AVID Common Stock 27K 25 May 2023 By Daughter F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents an award of restricted stock units ("RSUs") that will vest in full on the earlier of the date of the Company's 2024 Annual Meeting or May 25, 2024. Each RSU represents the contingent right to receive one share of the Issuer's common stock.
F2 The reporting person disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest therein.