0001209191-22-057698.txt : 20221117 0001209191-22-057698.hdr.sgml : 20221117 20221117183602 ACCESSION NUMBER: 0001209191-22-057698 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20221115 FILED AS OF DATE: 20221117 DATE AS OF CHANGE: 20221117 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Wilhite Joel CENTRAL INDEX KEY: 0001887238 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-40898 FILM NUMBER: 221400070 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 2022-11-15 0 0001858257 AvidXchange Holdings, Inc. AVDX 0001887238 Wilhite Joel C/O AVIDXCHANGE HOLDINGS, INC. 1210 AVIDXCHANGE LANE CHARLOTTE NC 28206 0 1 0 0 See Remarks Common Stock 2022-11-15 4 M 0 2552 A 58927 D Common Stock 2022-11-15 4 M 0 7652 A 66579 D Common Stock 2022-11-15 4 M 0 40 A 66619 D Common Stock 2022-11-15 4 S 0 801 9.33 D 65818 D Common Stock 2022-11-15 4 S 0 2400 9.33 D 63418 D Common Stock 2022-11-15 4 S 0 14 9.33 D 63404 D Restricted Stock Units 2022-11-15 4 M 0 2552 0.00 D Common Stock 2552 12752 D Restricted Stock Units 2022-11-15 4 M 0 7652 0.00 D Common Stock 7652 68864 D Restricted Stock Units 2022-11-15 4 M 0 40 0.00 D Common Stock 40 0 D Upon vesting, restricted stock units convert into common stock on a one-for-one-basis. This transaction was executed in multiple trades at prices ranging from $9.15 to $9.52. 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 October 1, 2020, the reporting person was granted 40,804 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 122,420 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 November 15, 2022, the restricted stock units fully vested. Chief Financial Officer, Senior Vice President /s/ Ryan Stahl, Attorney-in-Fact for Joel Wilhite 2022-11-17