0000899243-22-010894.txt : 20220314
0000899243-22-010894.hdr.sgml : 20220314
20220314172236
ACCESSION NUMBER: 0000899243-22-010894
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20220310
FILED AS OF DATE: 20220314
DATE AS OF CHANGE: 20220314
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Stahl Ryan
CENTRAL INDEX KEY: 0001886733
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-40898
FILM NUMBER: 22737652
MAIL ADDRESS:
STREET 1: 1210 AVIDXCHANGE LANE
CITY: CHARLOTTE
STATE: NC
ZIP: 28206
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: AvidXchange Holdings, Inc.
CENTRAL INDEX KEY: 0001858257
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372]
IRS NUMBER: 000000000
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 1210 AVIDXCHANGE LANE
CITY: CHARLOTTE
STATE: NC
ZIP: 28206
BUSINESS PHONE: 8005609305
MAIL ADDRESS:
STREET 1: 1210 AVIDXCHANGE LANE
CITY: CHARLOTTE
STATE: NC
ZIP: 28206
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2022-03-10
0
0001858257
AvidXchange Holdings, Inc.
AVDX
0001886733
Stahl Ryan
C/O AVIDXCHANGE HOLDINGS, INC.
1210 AVIDXCHANGE LANE
CHARLOTTE
NC
28206
0
1
0
0
See Remarks
Common Stock
2022-03-10
4
M
0
10200
A
106208
D
Common Stock
2022-03-10
4
M
0
8688
A
114876
D
Common Stock
2022-03-10
4
S
0
3848
7.2507
D
111028
D
Common Stock
2022-03-10
4
S
0
2831
7.2507
D
108197
D
Restricted Stock Units
2022-03-10
4
M
0
10200
0.00
D
Common Stock
10200
10200
D
Restricted Stock Units
2022-03-10
4
M
0
8668
0.00
D
Common Stock
8668
26016
D
Restricted Stock Units
Common Stock
40
40
D
Upon vesting, restricted stock units convert into common stock on a one-for-one-basis.
Represents the disposition of shares that were sold to pay withholding taxes upon the vesting of 10,200 restricted stock units.
This transaction was executed in multiple trades at prices ranging from $6.94 to $7.52. The price reported above reflects the weighted average purchase 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.
Represents the disposition of shares that were sold to pay withholding taxes upon the vesting of 8,668 restricted stock units.
This transaction was executed in multiple trades at prices ranging from $6.94 to $7.52. The price reported above reflects the weighted average purchase 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.
On October 1, 2020, the reporting person was granted 20,400 restricted stock units, vesting 25% on the first anniversary of the vesting commencement date and quarterly thereafter. The vesting commencement date was February 15, 2020.
On February 19, 2021, the reporting person was granted 34,684 restricted stock units, vesting 25% on the first anniversary of the vesting commencement date and quarterly thereafter. The vesting commencement date was February 15, 2021.
The restricted stock units will vest on November 15, 2022.
General Counsel and Secretary, Senior Vice President
/s/ Ryan Stahl
2022-03-14