ROSICA JEFF (CEO & President) reported 2 transactions at AVID TECHNOLOGY, INC.
Review the transaction codes below to understand the nature of each event.
Filed: 11/7/2023ACC: 0000905148-23-001328
DirectorOfficer· CEO & President
Since Sep 2018
-1.33M
Net shares
Net seller
$33.16M
Total sold
0
Open market trades
0B · 0S
5
Total transactions
1.33M disposed
Non-Derivative Transactions2
Common Stock
Direct
Shares
−1.14M
Price / share
$27.05
Trade value
$30.79M
% of position
92.8%
11/7/2023
1.23M→87.69K
Common Stock
Direct
Shares
−87.69K
Price / share
$27.05
Trade value
$2.37M
% of position
New position
11/7/2023
87.69K→0.00
Total
Net shares
−1.23M
Net value
-$33.16M
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 11/7/2023 | D · Disposition | −1.14M | $27.05 | $30.79M | 92.8% | 1.23M | 87.69K |
| Common Stock Direct | 11/7/2023 | D · Disposition | −87.69K | $27.05 | $2.37M | New position | 87.69K | 0.00 |
| Total | −1.23M | -$33.16M | ||||||
Derivative Transactions3
Performance Rights (Restricted Stock Units)
Direct
Converts to
Common Stock
17.24K shares
Shares
−17.24K
Strike price
Held after
0.00
Exercisable
—
11/7/2023
Performance Rights (Restricted Stock Units)
Direct
Converts to
Common Stock
24.04K shares
Shares
−24.04K
Strike price
Held after
0.00
Exercisable
—
11/7/2023
Performance Rights (Restricted Stock Units)
Direct
Converts to
Common Stock
61.04K shares
Shares
−61.04K
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 Stock17.24K shares | 11/7/2023 | D · Disposition | −17.24K | — | 0.00 | |
| Performance Rights (Restricted Stock Units) Direct | Common Stock24.04K shares | 11/7/2023 | D · Disposition | −24.04K | — | 0.00 | |
| Performance Rights (Restricted Stock Units) Direct | Common Stock61.04K shares | 11/7/2023 | D · Disposition | −61.04K | — | 0.00 |