SEC Form 4 · accession 0000896841-18-000106
AVID TECHNOLOGY, INC. · AVID
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ryan H Murray
Officer — VP & Chief Accounting Officer · Other
Period of report
Jun 8, 2018
Accepted (ET)
Jun 11, 2018 · 4:09 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000896841
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jun 8, 2018 | F | 332 | $4.75 | D | 29,706 | D | |
| Common StockF2 | Jun 9, 2018 | F | 222 | $4.75 | D | 29,484 | D | |
| Common Stock | holding | — | — | — | 9,263 | I | By IRA |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents shares withheld by the Issuer to satisfy tax withholding obligation upon the vesting on June 8, 2018 of 8.33% of the restricted stock units awarded on March 8, 2017. This award includes a provision requiring the withholding of shares by the Issuer to pay the required withholding taxes due on the vesting date.
- F2Represents shares withheld by the Issuer to satisfy tax withholding obligation upon the vesting on June 9, 2018 of 8.34% of the restricted stock units awarded on March 9, 2016. This award includes a provision requiring the withholding of shares by the Issuer to pay the required withholding taxes due on the vesting date.