0000950170-24-028802.txt : 20240308 0000950170-24-028802.hdr.sgml : 20240308 20240308173534 ACCESSION NUMBER: 0000950170-24-028802 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240306 FILED AS OF DATE: 20240308 DATE AS OF CHANGE: 20240308 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Praeger Michael CENTRAL INDEX KEY: 0001886695 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-40898 FILM NUMBER: 24735772 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] ORGANIZATION NAME: 06 Technology 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 ownership.xml 4 X0508 4 2024-03-06 0001858257 AvidXchange Holdings, Inc. AVDX 0001886695 Praeger Michael C/O AVIDXCHANGE HOLDINGS, INC. 1210 AVIDXCHANGE LANE CHARLOTTE NC 28206 true true false false Chief Executive Officer false Common Stock 2024-03-06 4 A false 391905 0.00 A 10575846 D Common Stock 297026 I By MP Charitable Trust Common Stock 503210 I By Cindy Praeger Common Stock 660627 I By Michael Praeger and Cindy Praeger, Joint Tenants with Right of Survivorship Common Stock 1888652 I By Green and Gold 2014 GRAT Common Stock 1328276 I By Green and Gold 2015 GRAT Employee Stock Option (right to buy) 6.053 2024-03-06 4 A false 346935 0.00 A 2034-03-06 Common Stock 346935 346935 D Represents restricted stock units ("RSUs") which will vest 25% on the first anniversary of the vesting commencement date and quarterly thereafter over 12 quarters. The vesting commencement date was February 15, 2024. Each RSU represents a contingent right to receive one share of common stock of the Issuer and the RSUs have no expiration date. The option vests 25% on the first anniversary of the vesting commencement date and quarterly thereafter over 12 quarters. The vesting commencement date was February 15, 2024. /s/ Ryan Stahl, Attorney-in-Fact for Michael Praeger 2024-03-08