RILEY KEVIN W. (Chief Technology Officer) reported 2 transactions at AVID TECHNOLOGY, INC.
Review the transaction codes below to understand the nature of each event.
Filed: 11/7/2023ACC: 0000905148-23-001327
Officer· Chief Technology Officer
Since Dec 2020
-86.74K
Net shares
Net seller
$1.58M
Total sold
0
Open market trades
0B · 0S
5
Total transactions
86.74K disposed
Non-Derivative Transactions2
Common Stock
Direct
Shares
−32.31K
Price / share
$27.05
Trade value
$873.99K
% of position
55.4%
11/7/2023
58.34K→26.03K
Common Stock
Direct
Shares
−26.03K
Price / share
$27.05
Trade value
$704.03K
% of position
New position
11/7/2023
26.03K→0.00
Total
Net shares
−58.34K
Net value
-$1.58M
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 11/7/2023 | D · Disposition | −32.31K | $27.05 | $873.99K | 55.4% | 58.34K | 26.03K |
| Common Stock Direct | 11/7/2023 | D · Disposition | −26.03K | $27.05 | $704.03K | New position | 26.03K | 0.00 |
| Total | −58.34K | -$1.58M | ||||||
Derivative Transactions3
Performance Rights (Restricted Stock Units)
Direct
Converts to
Common Stock
4.60K shares
Shares
−4.60K
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 Stock4.60K shares | 11/7/2023 | D · Disposition | −4.60K | — | 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 |