SEC Form 4 · accession 0001347876-15-000001
AVID TECHNOLOGY, INC. · AVID
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert M Bakish
Director
Period of report
May 12, 2015
Accepted (ET)
May 14, 2015 · 4:57 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 | May 12, 2015 | P | 100,000 | $15.33 | A | 384,886 | D | |
| Common StockF2 | May 12, 2015 | A | 7,390 | $0.00 | A | 392,276 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. The shares were purchased on May 12, 2015 in multiple transactions at prices ranging from $15.07 to $15.77, inclusive. The reporting person undertakes to provide to any security holder of Avid Technology, Inc.or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote.
- F2Shares of Common Stock representing a restricted stock unit award that will vest in full on the earlier of the date of Avid's annual meeting of stockholders for 2016 or May 31, 2016.