Gibson Angelic's Form 4 filing
AvidXchange Holdings, Inc. (AVDX) · filed Mar 8, 2023
- Accession no.
- 0001209191-23-017398
- Filed
- Mar 8, 2023
- Trade date
- Mar 6-7, 2023
- Filing delay
- 2 days
- Rule 10b5-1 plan
- Not on the form (before 2023)
This filing lists 9 non-derivative transactions and 3 derivative transactions. Open-market sales total $150.8K. 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.
| Owner | Relationship to the company |
|---|---|
| Gibson AngelicCIK 0001886742 | 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 6, 2023 | Common Stock | MOption exerciseAcquired | +1,276 | –F1 | – | 33,553 | Direct | |
| Mar 6, 2023 | Common Stock | MOption exerciseAcquired | +4,720 | –F1 | – | 38,273 | Direct | |
| Mar 6, 2023 | Common Stock | MOption exerciseAcquired | +43,532 | –F1 | – | 81,805 | Direct | |
| Mar 6, 2023 | Common Stock | SSaleDisposed | −193 | $9.59F3 | −$1,850.87 | 81,612 | Direct | |
| Mar 6, 2023 | Common Stock | SSaleDisposed | −711 | $9.59F3 | −$6,818.49 | 80,901 | Direct | |
| Mar 6, 2023 | Common Stock | SSaleDisposed | −6,781 | $9.59F3 | −$65,029.79 | 74,120 | Direct | |
| Mar 7, 2023 | Common Stock | SSaleDisposed | −210 | $9.21F4 | −$1,934.1 | 73,910 | Direct | |
| Mar 7, 2023 | Common Stock | SSaleDisposed | −775 | $9.21F4 | −$7,137.75 | 73,135 | Direct | |
| Mar 7, 2023 | Common Stock | SSaleDisposed | −7,383 | $9.21F4 | −$67,997.43 | 65,752 | 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 6, 2023 | Common Stock | MOption exerciseDisposed | −1,276 | $0.00 | $0 | 5,100 | Direct | |
| Mar 6, 2023 | Common Stock | MOption exerciseDisposed | −4,720 | $0.00 | $0 | 37,748 | Direct | |
| Mar 6, 2023 | Common Stock | MOption exerciseDisposed | −43,532 | $0.00 | $0 | 130,597 | 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 $9.49 to $9.99. 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.
- F4
This transaction was executed in multiple trades at prices ranging from $9.02 to $9.63. 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 Information Officer, Senior Vice President