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Praeger Michael's Form 4 filing

AvidXchange Holdings, Inc. (AVDX) · filed Mar 5, 2024

Accession no.
0000950170-24-026725
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 $914.0K. 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.

Reporting owners on this filing
OwnerRelationship to the company
Praeger MichaelCIK 0001886695Director, Officer (Chief Executive Officer)

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
Mar 1, 2024Common StockMOption exerciseAcquired+4,592–F1–10,202,947Direct
Mar 1, 2024Common StockMOption exerciseAcquired+17,852–F1–10,220,799Direct
Mar 1, 2024Common StockMOption exerciseAcquired+32,650–F1–10,253,449Direct
Mar 1, 2024Common StockSSaleDisposed−2,110$13.15F4−$27,746.510,251,339Direct
Mar 1, 2024Common StockSSaleDisposed−8,201$13.15F4−$107,843.1510,243,138Direct
Mar 1, 2024Common StockSSaleDisposed−14,999$13.15F4−$197,236.8510,228,139Direct
Mar 1, 2024Common StockSSaleDisposed−44,198$13.15F4−$581,203.710,183,941Direct

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.

Derivative transactions
Trade dateSecurityTransactionUnderlying sharesUnit priceValueHeld afterOwnershipFlags
Mar 1, 2024Common StockMOption exerciseDisposed−4,592$0.00$00Direct
Mar 1, 2024Common StockMOption exerciseDisposed−17,852$0.00$071,416Direct
Mar 1, 2024Common StockMOption exerciseDisposed−32,650$0.00$0261,194Direct

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.

F4

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.

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