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Bakish Robert M's Form 4 filing

Avid Technology, Inc. (AVID) · filed Jul 22, 2021

Accession no.
0000896841-21-000148
Filed
Jul 22, 2021
Trade date
Jul 20-21, 2021
Filing delay
2 days
Rule 10b5-1 plan
Not on the form (before 2023)

This filing lists 3 non-derivative transactions. Open-market sales total $1.09M. It was filed 2 days after the trade.

Reporting owners

A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.

Reporting owners on this filing
OwnerRelationship to the company
Bakish Robert MCIK 0001347876Director

Non-derivative securities (Table I)

Acquisitions and disposals of common stock and similar shares, one row per line on the filing.

Non-derivative transactions
Trade dateSecurityTransactionSharesPriceValueShares afterOwnershipFlags
Jul 20, 2021Common StockSSaleDisposed−14,326$36.89F2−$528,486.14754,722Direct
Jul 21, 2021Common StockSSaleDisposed−12,996$37.24F3−$483,971.04741,726Direct
Jul 21, 2021Common StockSSaleDisposed−2,000$37.64F4−$75,280739,726Direct

Footnotes and remarks

Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.

F2

The price reported in Column 4 is a weighted average price. The shares were disposed on July 20, 2021 in multiple transactions at prices ranging from $36.24 to $37.23, inclusive. The reporting person undertakes to provide to any security holder of Avid Technology, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.

Referenced by the price of 1 transaction in Table I.

F3

The price reported in Column 4 is a weighted average price. The shares were disposed on July 21, 2021 in multiple transactions at prices ranging from $36.56 to $37.56, inclusive. The reporting person undertakes to provide to any security holder of Avid Technology, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.

Referenced by the price of 1 transaction in Table I.

F4

The price reported in Column 4 is a weighted average price. The shares were disposed on July 21, 2021 in multiple transactions at prices ranging from $37.57 to $37.81, inclusive. The reporting person undertakes to provide to any security holder of Avid Technology, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.

Referenced by the price of 1 transaction in Table I.

Read the full filing on SEC EDGAR (opens in a new tab)