0001209191-22-030148.txt : 20220518 0001209191-22-030148.hdr.sgml : 20220518 20220518172736 ACCESSION NUMBER: 0001209191-22-030148 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20220516 FILED AS OF DATE: 20220518 DATE AS OF CHANGE: 20220518 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Gibson Angelic CENTRAL INDEX KEY: 0001886742 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-40898 FILM NUMBER: 22940357 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 2022-05-16 0 0001858257 AvidXchange Holdings, Inc. AVDX 0001886742 Gibson Angelic C/O AVIDXCHANGE HOLDINGS, INC. 1210 AVIDXCHANGE LANE CHARLOTTE NC 28206 0 1 0 0 See Remarks Common Stock 2022-05-16 4 M 0 1272 A 20482 D Common Stock 2022-05-16 4 M 0 4716 A 25198 D Common Stock 2022-05-16 4 S 0 491 D 24707 D Common Stock 2022-05-16 4 S 0 1458 D 23249 D Restricted Stock Units 2022-05-16 4 M 0 1272 0.00 D Common Stock 1272 8928 D Restricted Stock Units 2022-05-16 4 M 0 4716 0.00 D Common Stock 4716 51904 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 1,272 restricted stock units. This transaction was executed in multiple trades at prices ranging from $6.80 to $7.01. 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. Represents the disposition of shares that were sold to pay withholding taxes upon the vesting of 4,716 restricted stock units. 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 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. Chief People Officer, Senior Vice President /s/ Ryan Stahl, Attorney-in-Fact for Angelic Gibson 2022-05-18