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Cunningham Todd Alan's Form 4 filing

AvidXchange Holdings, Inc. (AVDX) · filed Aug 17, 2022

Accession no.
0001209191-22-046432
Filed
Aug 17, 2022
Trade date
Aug 15, 2022
Filing delay
2 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 $10.8K. 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.

Reporting owners on this filing
OwnerRelationship to the company
Cunningham Todd AlanCIK 0001886982Officer (See Remarks)

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
Aug 15, 2022Common StockMOption exerciseAcquired+1,276–F1–17,585Direct
Aug 15, 2022Common StockMOption exerciseAcquired+2,680–F1–20,265Direct
Aug 15, 2022Common StockSSaleDisposed−383$9.14F3−$3,500.6219,882Direct
Aug 15, 2022Common StockSSaleDisposed−803$9.14F3−$7,339.4219,079Direct

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
Aug 15, 2022Common StockMOption exerciseDisposed−1,276$0.00$07,652Direct
Aug 15, 2022Common StockMOption exerciseDisposed−2,680$0.00$026,780Direct

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 $8.79 to $9.30. 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 2 transactions in Table I.

Remarks

Chief People Officer, Senior Vice President

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