CORDINER TOM J. A. (SVP of Global Sales) reported 2 transactions at AVID TECHNOLOGY, INC.
Review the transaction codes below to understand the nature of each event.
Filed: 11/7/2023ACC: 0000905148-23-001323
Officer· SVP of Global Sales
Since Jul 2018
-248.79K
Net shares
Net seller
$5.93M
Total sold
0
Open market trades
0B · 0S
5
Total transactions
248.79K disposed
Non-Derivative Transactions2
Common Stock
Direct
Shares
−194.69K
Price / share
$27.05
Trade value
$5.27M
% of position
88.8%
11/7/2023
219.24K→24.54K
Common Stock
Direct
Shares
−24.54K
Price / share
$27.05
Trade value
$663.92K
% of position
New position
11/7/2023
24.54K→0.00
Total
Net shares
−219.24K
Net value
-$5.93M
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 11/7/2023 | D · Disposition | −194.69K | $27.05 | $5.27M | 88.8% | 219.24K | 24.54K |
| Common Stock Direct | 11/7/2023 | D · Disposition | −24.54K | $27.05 | $663.92K | New position | 24.54K | 0.00 |
| Total | −219.24K | -$5.93M | ||||||
Derivative Transactions3
Performance Rights (Restricted Stock Units)
Direct
Converts to
Common Stock
5.75K shares
Shares
−5.75K
Strike price
Held after
0.00
Exercisable
—
11/7/2023
Performance Rights (Restricted Stock Units)
Direct
Converts to
Common Stock
8.55K shares
Shares
−8.55K
Strike price
Held after
0.00
Exercisable
—
11/7/2023
Performance Rights (Restricted Stock Units)
Direct
Converts to
Common Stock
15.26K shares
Shares
−15.26K
Strike price
Held after
0.00
Exercisable
—
11/7/2023
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Performance Rights (Restricted Stock Units) Direct | Common Stock5.75K shares | 11/7/2023 | D · Disposition | −5.75K | — | 0.00 | |
| Performance Rights (Restricted Stock Units) Direct | Common Stock8.55K shares | 11/7/2023 | D · Disposition | −8.55K | — | 0.00 | |
| Performance Rights (Restricted Stock Units) Direct | Common Stock15.26K shares | 11/7/2023 | D · Disposition | −15.26K | — | 0.00 |