Accession Number: | 0001209191-22-030123 |
Date: | 2022-05-16 |
Issuer: | AVIDXCHANGE HOLDINGS, INC. (AVDX) |
Original Submission Date: |
CUNNINGHAM TODD ALAN
C/O AVIDXCHANGE HOLDINGS, INC.
1210 AVIDXCHANGE LANE
CHARLOTTE, NC 28206
Title of Security | Transaction Date | 2a. Deemed Execution Date | Transaction Code | Shares | Acquired or Disposed | Price per share | 5. Amount of Securities Beneficially Owned Following Reported Transaction | 6. Ownership Form Direct or Indirect | Nature of Indirect Ownership |
---|---|---|---|---|---|---|---|---|---|
COMMON STOCK | 2022-05-16 | M | 1,272 | a | $0.00 | 14,855 | direct | ||
COMMON STOCK | 2022-05-16 | M | 2,676 | a | $0.00 | 17,531 | direct | ||
COMMON STOCK | 2022-05-16 | S | 394 | d | $0.00 | 17,137 | direct | ||
COMMON STOCK | 2022-05-16 | S | 828 | d | $0.00 | 16,309 | direct |
Title of Derivative Security | Conversion or Exercise Price of Derivative Security | Transaction Date | Deemed Execution Date | Transaction Code | Number of Derivative Securities Acquired (A) or Disposed of (D) | Date Exercisable | Expiration Date | Title and Amount of Securities Underlying Derivative Security | Price of Derivative Security | Number of derivative Securities Beneficially Owned Following Reported Transaction(s) | Ownership Form: Direct (D) or Indirect (I) | Nature of Indirect Beneficial Ownership |
---|---|---|---|---|---|---|---|---|---|---|---|---|
RESTRICTED STOCK UNITS | 0.0 | 2022-05-16 | deemed execution date | M | 1,272 (d) | common stock 1,272 | $0.00 | 8,928 | direct | |||
RESTRICTED STOCK UNITS | 0.0 | 2022-05-16 | deemed execution date | M | 2,676 (d) | common stock 2,676 | $0.00 | 29,460 | direct |
ID | footnote |
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f1 | upon vesting, restricted stock units convert into common stock on a one-for-one-basis. |
f2 | represents the disposition of shares that were sold to pay withholding taxes upon the vesting of 1,272 restricted stock units. |
f3 | this transaction was executed in multiple trades at prices ranging from $6.80 to $7.01. the price reported above reflects the weighted average sale price. the reporting person hereby undertakes to provide upon request to the sec staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. |
f4 | represents the disposition of shares that were sold to pay withholding taxes upon the vesting of 2,676 restricted stock units. |
f5 | on october 1, 2020, the reporting person was granted 20,400 restricted stock units, vesting 25% on the first anniversary of the vesting commencement date and quarterly thereafter. the vesting commencement date was february 15, 2020. |
f6 | on february 19, 2021, the reporting person was granted 42,848 restricted stock units, vesting 25% on the first anniversary of the vesting commencement date and quarterly thereafter. the vesting commencement date was february 15, 2021. |