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Praeger Michael's Form 4 filing

AvidXchange Holdings, Inc. (AVDX) · filed Aug 17, 2023

Accession no.
0001209191-23-046376
Filed
Aug 17, 2023
Trade date
Aug 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 $260.2K. 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
Praeger MichaelCIK 0001886695Director, Officer (Chief Executive Officer)

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, 2023Common StockMOption exerciseAcquired+4,592–F1–9,952,434Direct
Aug 15, 2023Common StockMOption exerciseAcquired+17,856–F1–9,970,290Direct
Aug 15, 2023Common StockMOption exerciseAcquired+32,649–F1–10,002,939Direct
Aug 15, 2023Common StockSSaleDisposed−2,150$10.09F3−$21,693.510,000,789Direct
Aug 15, 2023Common StockSSaleDisposed−8,358$10.09F3−$84,332.229,992,431Direct
Aug 15, 2023Common StockSSaleDisposed−15,281$10.09F3−$154,185.299,977,150Direct

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, 2023Common StockMOption exerciseDisposed−4,592$0.00$09,184Direct
Aug 15, 2023Common StockMOption exerciseDisposed−17,856$0.00$0107,120Direct
Aug 15, 2023Common StockMOption exerciseDisposed−32,649$0.00$0326,493Direct

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 $10.03 to $10.20 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.

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