Cunningham Todd Alan's Form 4 filing
AvidXchange Holdings, Inc. (AVDX) · filed Mar 5, 2024
- Accession no.
- 0000950170-24-026686
- Filed
- Mar 5, 2024
- Trade date
- Mar 1, 2024
- Filing delay
- 4 days
- Rule 10b5-1 plan
- Not checked
This filing lists 7 non-derivative transactions and 3 derivative transactions. Open-market sales total $169.9K. 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 |
|---|---|
| Cunningham Todd AlanCIK 0001886982 | 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 1, 2024 | Common Stock | MOption exerciseAcquired | +1,276 | –F1 | – | 174,295 | Direct | |
| Mar 1, 2024 | Common Stock | MOption exerciseAcquired | +2,680 | –F1 | – | 176,975 | Direct | |
| Mar 1, 2024 | Common Stock | MOption exerciseAcquired | +6,530 | –F1 | – | 183,505 | Direct | |
| Mar 1, 2024 | Common Stock | SSaleDisposed | −387 | $13.15F3 | −$5,089.05 | 183,118 | Direct | |
| Mar 1, 2024 | Common Stock | SSaleDisposed | −812 | $13.15F3 | −$10,677.8 | 182,306 | Direct | |
| Mar 1, 2024 | Common Stock | SSaleDisposed | −1,977 | $13.15F3 | −$25,997.55 | 180,329 | Direct | |
| Mar 1, 2024 | Common Stock | SSaleDisposed | −9,743 | $13.15F3 | −$128,120.45 | 170,586 | 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 1, 2024 | Common Stock | MOption exerciseDisposed | −1,276 | $0.00 | $0 | 0 | Direct | |
| Mar 1, 2024 | Common Stock | MOption exerciseDisposed | −2,680 | $0.00 | $0 | 10,712 | Direct | |
| Mar 1, 2024 | Common Stock | MOption exerciseDisposed | −6,530 | $0.00 | $0 | 52,239 | 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
Upon vesting, restricted stock units convert into common stock on a one-for-one-basis.
Referenced by the price of 3 transactions in Table I.
- F3
This transaction was executed in multiple trades at prices ranging from $13.02 to $13.42. The price reported above reflects the weighted average sale 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 4 transactions in Table I.
Remarks
Chief People Officer, Senior Vice President