Ruzicka Dana's Form 4 filing
Avid Technology, Inc. (AVID) · filed Mar 16, 2022
- Accession no.
- 0000896841-22-000038
- Filed
- Mar 16, 2022
- Trade date
- Mar 14-16, 2022
- Filing delay
- 2 days
- Rule 10b5-1 plan
- Not on the form (before 2023)
This filing lists 14 non-derivative transactions and 4 derivative transactions. Open-market sales total $636.4K. 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.
| Owner | Relationship to the company |
|---|---|
| Ruzicka DanaCIK 0001651536 | Officer (SVP & GM Audio and Music) |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Mar 14, 2022 | Common Stock | SSaleDisposed | −23,000 | $27.67F1 | −$636,410 | 218,443 | Direct | |
| Mar 15, 2022 | Common Stock | FTax withholdingDisposed | −1,820 | $29.60 | −$53,872 | 216,623 | Direct | |
| Mar 15, 2022 | Common Stock | MOption exerciseAcquired | +17,389 | $29.60 | +$514,714.4 | 234,012 | Direct | |
| Mar 15, 2022 | Common Stock | AGrant or awardAcquired | +8,695 | $0.00 | $0 | 242,707 | Direct | |
| Mar 15, 2022 | Common Stock | FTax withholdingDisposed | −10,260 | $29.60 | −$303,696 | 232,447 | Direct | |
| Mar 15, 2022 | Common Stock | FTax withholdingDisposed | −1,709 | $29.60 | −$50,586.4 | 230,738 | Direct | |
| Mar 15, 2022 | Common Stock | MOption exerciseAcquired | +17,389 | $29.60 | +$514,714.4 | 248,127 | Direct | |
| Mar 15, 2022 | Common Stock | AGrant or awardAcquired | +8,694 | $0.00 | $0 | 256,821 | Direct | |
| Mar 15, 2022 | Common Stock | FTax withholdingDisposed | −10,260 | $29.60 | −$303,696 | 246,561 | Direct | |
| Mar 15, 2022 | Common Stock | FTax withholdingDisposed | −1,958 | $29.60 | −$57,956.8 | 244,603 | Direct | |
| Mar 15, 2022 | Common Stock | MOption exerciseAcquired | +4,980 | $29.60 | +$147,408 | 249,583 | Direct | |
| Mar 15, 2022 | Common Stock | AGrant or awardAcquired | +2,490 | $0.00 | $0 | 252,073 | Direct | |
| Mar 15, 2022 | Common Stock | FTax withholdingDisposed | −2,938 | $29.60 | −$86,964.8 | 249,135 | Direct | |
| Mar 16, 2022 | Common Stock | AGrant or awardAcquired | +11,169 | $0.00 | $0 | 260,304 | Direct |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Mar 15, 2022 | Common Stock | MOption exerciseDisposed | −17,389 | $0.00 | $0 | 0 | Direct | |
| Mar 15, 2022 | Common Stock | MOption exerciseDisposed | −17,389 | $0.00 | $0 | 17,389 | Direct | |
| Mar 15, 2022 | Common Stock | MOption exerciseDisposed | −4,980 | $0.00 | $0 | 9,962 | Direct | |
| Mar 16, 2022 | Common Stock | AGrant or awardAcquired | +11,169 | $0.00 | $0 | 11,169 | Direct |
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.
- F1
The price reported in Column 4 of Table 1 is a weighted average price. The shares were sold on March 14, 2022 in multiple transactions at prices ranging from $27.05 to $28.01, 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.