0000950170-24-061950.txt : 20240517 0000950170-24-061950.hdr.sgml : 20240517 20240517174731 ACCESSION NUMBER: 0000950170-24-061950 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240515 FILED AS OF DATE: 20240517 DATE AS OF CHANGE: 20240517 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Gibson Angelic CENTRAL INDEX KEY: 0001886742 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-40898 FILM NUMBER: 24961639 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 2024-05-15 0001858257 AvidXchange Holdings, Inc. AVDX 0001886742 Gibson Angelic C/O AVIDXCHANGE HOLDINGS, INC. 1210 AVIDXCHANGE LANE CHARLOTTE NC 28206 false true false false See Remarks false Common Stock 2024-05-15 4 M false 4720 A 435326 D Common Stock 2024-05-15 4 M false 10883 A 446209 D Common Stock 2024-05-15 4 S false 1492 11.2363 D 444717 D Common Stock 2024-05-15 4 S false 3438 11.2363 D 441279 D Common Stock 2024-05-15 4 S false 3226 11.2363 D 438053 D Common Stock 2024-05-16 4 S false 663 11.207 D 437390 D Common Stock 2024-05-16 4 S false 1529 11.207 D 435861 D Common Stock 2024-05-16 4 S false 1434 11.207 D 434427 D Restricted Stock Units 2024-05-15 4 M false 4720 0.00 D Common Stock 4720 14156 D Restricted Stock Units 2024-05-15 4 M false 10883 0.00 D Common Stock 10883 76182 D Upon vesting, restricted stock units convert into common stock on a one-for-one-basis. The sales reported on this Form 4 represent shares sold by the reporting person to cover tax withholding obligations in connection with the vesting and settlement of restricted stock units. The sales were to satisfy tax withholding obligations to be funded by a "sell to cover" transaction. This transaction was executed in multiple trades at prices ranging from $11.16 to $11.38. The price reported above reflects the weighted average sale 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. This transaction was executed in multiple trades at prices ranging from $11.12 to $11.27. The price reported above reflects the weighted average sale 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 February 19, 2021, the reporting person was granted 75,492 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. On March 16, 2022, the reporting person was granted 174,129 restricted stock units, vesting 25% on the first anniversary of the vesting commencement date and quarterly thereafter. The vesting commencement date was February 15, 2022. Chief Information Officer, Senior Vice President /s/ Ryan Stahl, Attorney-in-Fact for Angelic Gibson 2024-05-17