Praeger Michael's Form 4 filing
AvidXchange Holdings, Inc. (AVDX) · filed Mar 11, 2022
- Accession no.
- 0000899243-22-010621
- Filed
- Mar 11, 2022
- Trade date
- Mar 10, 2022
- Filing delay
- 1 day
- Rule 10b5-1 plan
- Not on the form (before 2023)
This filing lists 3 non-derivative transactions and 2 derivative transactions. Open-market purchases total $494.1K. It was filed 1 day 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 |
|---|---|
| Praeger MichaelCIK 0001886695 | Director, Officer (See Remarks) |
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 10, 2022 | Common Stock | PPurchaseAcquired | +69,500 | $7.11F1 | +$494,145 | 8,632,317 | Direct | |
| Mar 10, 2022 | Common Stock | MOption exerciseAcquired | +36,724 | –F2 | – | 8,669,041 | Direct | |
| Mar 10, 2022 | Common Stock | MOption exerciseAcquired | +71,412 | –F2 | – | 8,740,453 | 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 10, 2022 | Common Stock | MOption exerciseDisposed | −36,724 | $0.00 | $0 | 36,728 | Direct | |
| Mar 10, 2022 | Common Stock | MOption exerciseDisposed | −71,412 | $0.00 | $0 | 214,240 | 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
This transaction was executed in multiple trades at prices ranging from $6.88 to $7.53. The price reported above reflects the weighted average purchase 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.
Referenced by the price of 1 transaction in Table I.
- F2
Upon vesting, restricted stock units convert into common stock on a one-for-one-basis.
Referenced by the price of 2 transactions in Table I.
Remarks
President and Chief Executive Officer