Wilhite Joel's Form 4 filing
AvidXchange Holdings, Inc. (AVDX) · filed May 17, 2023
- Accession no.
- 0001209191-23-030422
- Filed
- May 17, 2023
- Trade date
- May 15, 2023
- Filing delay
- 2 days
- Rule 10b5-1 plan
- Not checked
This filing lists 6 non-derivative transactions and 3 derivative transactions. Open-market sales total $109.4K. 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 |
|---|---|
| Wilhite JoelCIK 0001887238 | 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 |
|---|---|---|---|---|---|---|---|---|
| May 15, 2023 | Common Stock | MOption exerciseAcquired | +2,552 | –F1 | – | 333,810 | Direct | |
| May 15, 2023 | Common Stock | MOption exerciseAcquired | +7,652 | –F1 | – | 341,462 | Direct | |
| May 15, 2023 | Common Stock | MOption exerciseAcquired | +16,325 | –F1 | – | 357,787 | Direct | |
| May 15, 2023 | Common Stock | SSaleDisposed | −1,195 | $8.82F3 | −$10,539.9 | 356,592 | Direct | |
| May 15, 2023 | Common Stock | SSaleDisposed | −3,579 | $8.82F3 | −$31,566.78 | 353,013 | Direct | |
| May 15, 2023 | Common Stock | SSaleDisposed | −7,635 | $8.82F3 | −$67,340.7 | 345,378 | 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 |
|---|---|---|---|---|---|---|---|---|
| May 15, 2023 | Common Stock | MOption exerciseDisposed | −2,552 | $0.00 | $0 | 7,652 | Direct | |
| May 15, 2023 | Common Stock | MOption exerciseDisposed | −7,652 | $0.00 | $0 | 53,560 | Direct | |
| May 15, 2023 | Common Stock | MOption exerciseDisposed | −16,325 | $0.00 | $0 | 179,571 | 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 $8.67 to $8.89. 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 Financial Officer, Senior Vice President