Accession Number: | 0001835605-22-000002 |
Date: | 2022-05-22 |
Issuer: | AVID TECHNOLOGY, INC. (AVID) |
Original Submission Date: |
CLAMAN TIMOTHY
75 NETWORK DRIVE
BURLINGTON, MA 01803
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 |
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COMMON STOCK | 2022-05-22 | F | 539 | d | $26.73 | 96,527 | 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 |
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ID | footnote |
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f1 | represents shares withheld by the issuer to satisfy tax withholding obligation upon the vesting on may 22, 2022 of 8.34% of the restricted stock units awarded on may 22, 2019. this award includes a provision requiring the withholding of shares by the issuer to pay the required withholding taxes due on the vesting date. |