SEC Form 4 · accession 0000896841-19-000002
AVID TECHNOLOGY, INC. · AVID
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Tom J. A. Cordiner
Officer — SVP of Global Sales
Period of report
Jan 15, 2019
Accepted (ET)
Jan 16, 2019 · 4:44 pm EST
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,F2 | Jan 15, 2019 | F | 391 | $4.77 | D | 118,572 | D |
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 January 15, 2019 of 8.34% of the restricted stock units awarded on July 15, 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.
- F2Includes shares acquired under the Issuer's Employee Stock Purchase Plan based upon the most current data available.