SEC Form 4 · accession 0001347876-16-000012
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 17, 2016
Accepted (ET)
May 19, 2016 · 4:04 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 17, 2016 | A | 19,759 | $0.00 | A | 652,035 | D | |
| Common StockF2 | holding | — | — | — | 27,000 | I | By Daughter |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents an award of restricted stock units ("RSUs") that will vest in full on the earlier of the date of the Company's 2017 Annual Meeting or May 17, 2017. Each RSU represents the contingent right to receive one share of the Issuer's common stock.
- F2The reporting person disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest therein.