Michael Praeger - Jan 24, 2025 Form 4 Insider Report for AvidXchange Holdings, Inc. (AVDX)

Signature
/s/ Ryan Stahl, Attorney-in-Fact for Michael Praeger
Stock symbol
AVDX
Transactions as of
Jan 24, 2025
Transactions value $
$0
Form type
4
Date filed
1/28/2025, 07:12 PM
Previous filing
Dec 4, 2024
Next filing
Mar 4, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AVDX Common Stock Award $0 +792K +7.63% $0.00 11.2M Jan 24, 2025 Direct F1
holding AVDX Common Stock 213K Jan 24, 2025 By MP Charitable Trust
holding AVDX Common Stock 587K Jan 24, 2025 By Cindy Praeger
holding AVDX Common Stock 661K Jan 24, 2025 By Michael Praeger and Cindy Praeger, Joint Tenants with Right of Survivorship
holding AVDX Common Stock 1.89M Jan 24, 2025 By Green and Gold 2014 GRAT
holding AVDX Common Stock 1.33M Jan 24, 2025 By Green and Gold 2015 GRAT
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents restricted stock units ("RSUs") which will vest one-third on the first anniversary of the vesting commencement date and quarterly thereafter over eight quarters. The vesting commencement date is February 15, 2025. Each RSU represents a contingent right to receive one share of common stock of the Issuer and the RSUs have no expiration date.