Form Type: 4

SEC EDGAR Link
Accession Number:0001209191-22-030191
Date:2022-05-16
Issuer: AVIDXCHANGE HOLDINGS, INC. (AVDX)
Original Submission Date:

Reporting Person:

PRAEGER MICHAEL
C/O AVIDXCHANGE HOLDINGS, INC.
1210 AVIDXCHANGE LANE CHARLOTTE, NC 28206

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature of Indirect Ownership
COMMON STOCK 2022-05-16 M 4,592 a $0.00 8,772,245 direct
COMMON STOCK 2022-05-16 M 17,852 a $0.00 8,790,097 direct
COMMON STOCK 2022-05-16 0 $0.00 660,627 indirect
COMMON STOCK 2022-05-16 0 $0.00 743,848 indirect
COMMON STOCK 2022-05-16 0 $0.00 1,888,652 indirect
COMMON STOCK 2022-05-16 0 $0.00 1,328,276 indirect
COMMON STOCK 2022-05-16 0 $0.00 720,000 indirect
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
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 ExercisableExpiration 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 4,592 (d) common stock 4,592 $0.00 32,136 direct
RESTRICTED STOCK UNITS 0.0 2022-05-16 deemed execution date M 17,852 (d) common stock 17,852 $0.00 196,388 direct
Footnotes
IDfootnote
f1 upon vesting, restricted stock units convert into common stock on a one-for-one-basis.
f2 on october 1, 2020, the reporting person was granted 73,452 restricted stock units, vesting 25% on the first anniversary of the vesting commencement date and 6.25% quarterly thereafter. the vesting commencement date was february 15, 2020.
f3 on february 19, 2021, the reporting person was granted 285,652, restricted stock units, vesting 25% on the first anniversary of the vesting commencement date and 6.25% quarterly thereafter. the vesting commencement date was february 15, 2021.

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