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Wilhite Joel's Form 4 filing

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

Accession no.
0001209191-22-046454
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 $29.7K. 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
Wilhite JoelCIK 0001887238Officer (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+2,548–F1–51,977Direct
Aug 15, 2022Common StockMOption exerciseAcquired+7,648–F1–59,625Direct
Aug 15, 2022Common StockSSaleDisposed−813$9.14F3−$7,430.8258,812Direct
Aug 15, 2022Common StockSSaleDisposed−2,437$9.14F3−$22,274.1856,375Direct

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−2,548$0.00$015,304Direct
Aug 15, 2022Common StockMOption exerciseDisposed−7,648$0.00$076,516Direct

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 Financial Officer, Senior Vice President

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