GAYRON KENNETH L (EVP & Chief Financial Officer) reported 2 transactions at AVID TECHNOLOGY, INC.
Review the transaction codes below to understand the nature of each event.
Filed: 11/7/2023ACC: 0000905148-23-001325
Officer· EVP & Chief Financial Officer
Since Mar 2019
-393.98K
Net shares
Net seller
$9.56M
Total sold
0
Open market trades
0B · 0S
5
Total transactions
393.98K disposed
Non-Derivative Transactions2
Common Stock
Direct
Shares
−320.30K
Price / share
$27.05
Trade value
$8.66M
% of position
90.6%
11/7/2023
353.59K→33.29K
Common Stock
Direct
Shares
−33.29K
Price / share
$27.05
Trade value
$900.58K
% of position
New position
11/7/2023
33.29K→0.00
Total
Net shares
−353.59K
Net value
-$9.56M
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 11/7/2023 | D · Disposition | −320.30K | $27.05 | $8.66M | 90.6% | 353.59K | 33.29K |
| Common Stock Direct | 11/7/2023 | D · Disposition | −33.29K | $27.05 | $900.58K | New position | 33.29K | 0.00 |
| Total | −353.59K | -$9.56M | ||||||
Derivative Transactions3
Performance Rights (Restricted Stock Units)
Direct
Converts to
Common Stock
8.05K shares
Shares
−8.05K
Strike price
Held after
0.00
Exercisable
—
11/7/2023
Performance Rights (Restricted Stock Units)
Direct
Converts to
Common Stock
12.29K shares
Shares
−12.29K
Strike price
Held after
0.00
Exercisable
—
11/7/2023
Performance Rights (Restricted Stock Units)
Direct
Converts to
Common Stock
20.05K shares
Shares
−20.05K
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 Stock8.05K shares | 11/7/2023 | D · Disposition | −8.05K | — | 0.00 | |
| Performance Rights (Restricted Stock Units) Direct | Common Stock12.29K shares | 11/7/2023 | D · Disposition | −12.29K | — | 0.00 | |
| Performance Rights (Restricted Stock Units) Direct | Common Stock20.05K shares | 11/7/2023 | D · Disposition | −20.05K | — | 0.00 |