Cunningham Todd Alan's Form 4 filing
AvidXchange Holdings, Inc. (AVDX) · filed Nov 17, 2022
- Accession no.
- 0001209191-22-057677
- Filed
- Nov 17, 2022
- Trade date
- Nov 15, 2022
- Filing delay
- 2 days
- Rule 10b5-1 plan
- Not on the form (before 2023)
This filing lists 6 non-derivative transactions and 3 derivative transactions. Open-market sales total $11.0K. 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.
| 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 |
|---|---|---|---|---|---|---|---|---|
| Nov 15, 2022 | Common Stock | MOption exerciseAcquired | +1,276 | –F1 | – | 47,355 | Direct | |
| Nov 15, 2022 | Common Stock | MOption exerciseAcquired | +2,676 | –F1 | – | 50,031 | Direct | |
| Nov 15, 2022 | Common Stock | MOption exerciseAcquired | +40 | –F1 | – | 50,071 | Direct | |
| Nov 15, 2022 | Common Stock | SSaleDisposed | −377 | $9.33F2 | −$3,517.41 | 49,694 | Direct | |
| Nov 15, 2022 | Common Stock | SSaleDisposed | −789 | $9.33F2 | −$7,361.37 | 48,905 | Direct | |
| Nov 15, 2022 | Common Stock | SSaleDisposed | −13 | $9.33F2 | −$121.29 | 48,892 | 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 |
|---|---|---|---|---|---|---|---|---|
| Nov 15, 2022 | Common Stock | MOption exerciseDisposed | −1,276 | $0.00 | $0 | 6,376 | Direct | |
| Nov 15, 2022 | Common Stock | MOption exerciseDisposed | −2,676 | $0.00 | $0 | 24,104 | Direct | |
| Nov 15, 2022 | Common Stock | MOption exerciseDisposed | −40 | $0.00 | $0 | 0 | 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.
- F2
This transaction was executed in multiple trades at prices ranging from $9.15 to $9.52. 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 3 transactions in Table I.
Remarks
Chief People Officer, Senior Vice President