Wilhite Joel's Form 4 filing
AvidXchange Holdings, Inc. (AVDX) · filed Mar 14, 2022
- Accession no.
- 0000899243-22-010893
- Filed
- Mar 14, 2022
- Trade date
- Mar 10, 2022
- Filing delay
- 4 days
- Rule 10b5-1 plan
- Not on the form (before 2023)
This filing lists 4 non-derivative transactions and 2 derivative transactions. Open-market sales total $129.2K. It was filed 4 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 |
|---|---|
| Wilhite JoelCIK 0001887238 | 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 | MOption exerciseAcquired | +20,400 | –F1 | – | 31,400 | Direct | Duplicate filing |
| Mar 10, 2022 | Common Stock | MOption exerciseAcquired | +30,604 | –F1 | – | 62,004 | Direct | Duplicate filing |
| Mar 10, 2022 | Common Stock | SSaleDisposed | −6,944 | $7.25F3 | −$50,344 | 55,060 | Direct | Duplicate filing |
| Mar 10, 2022 | Common Stock | SSaleDisposed | −10,871 | $7.25F5 | −$78,814.75 | 44,189 | Direct | Duplicate filing |
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 | −20,400 | $0.00 | $0 | 20,404 | Direct | Duplicate filing |
| Mar 10, 2022 | Common Stock | MOption exerciseDisposed | −30,604 | $0.00 | $0 | 91,816 | Direct | Duplicate filing |
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
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.
- F3
This transaction was executed in multiple trades at prices ranging from $6.94 to $7.52. 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.
- F5
This transaction was executed in multiple trades at prices ranging from $6.94 to $7.52. 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.
Remarks
Chief Financial Officer, Senior Vice President