SEC Form 4 · accession 0001534001-15-000012
AVID TECHNOLOGY, INC. · AVID
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jason A Duva
Officer — VP & General Counsel · Other
Period of report
Nov 12, 2015
Accepted (ET)
Nov 13, 2015 · 4:58 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 | Nov 12, 2015 | F | 757 | $6.49 | D | 73,105 | D | |
| Common StockF1 | Nov 12, 2015 | F | 757 | $6.49 | D | 72,348 | 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 November 12, 2015 of 8.33% of the restricted stock units awarded on November 13, 2014. These awards include a provision for the withholding of shares by the Issuer to pay the withholding taxes due on the vesting date.