0000896841-20-000068.txt : 20200413
0000896841-20-000068.hdr.sgml : 20200413
20200413165605
ACCESSION NUMBER: 0000896841-20-000068
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20200409
FILED AS OF DATE: 20200413
DATE AS OF CHANGE: 20200413
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Asmar Christian
CENTRAL INDEX KEY: 0001787532
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-36254
FILM NUMBER: 20789191
MAIL ADDRESS:
STREET 1: 152 WEST 57TH STREET, 17TH FLOOR
CITY: NEW YORK CITY
STATE: NY
ZIP: 10019
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: AVID TECHNOLOGY, INC.
CENTRAL INDEX KEY: 0000896841
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372]
IRS NUMBER: 042977748
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 75 NETWORK DRIVE
CITY: BURLINGTON
STATE: MA
ZIP: 01803
BUSINESS PHONE: 978.640.3121
MAIL ADDRESS:
STREET 1: 75 NETWORK DRIVE
CITY: BURLINGTON
STATE: MA
ZIP: 01803
FORMER COMPANY:
FORMER CONFORMED NAME: AVID TECHNOLOGY INC
DATE OF NAME CHANGE: 19930203
4
1
wf-form4_158681134757223.xml
FORM 4
X0306
4
2020-04-09
0
0000896841
AVID TECHNOLOGY, INC.
AVID
0001787532
Asmar Christian
75 NETWORK DRIVE
BURLINGTON
MA
01803
1
0
0
0
Common Stock
2020-04-09
4
A
0
98252
5.6209
A
4235638
I
By Impactive Capital LP
Common Stock
2020-04-13
4
A
0
24561
5.8777
A
4260199
I
By Impactive Capital LP
Common Stock
8960
D
The purchases reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 17, 2020.
The shares of common stock reported herein are held of record by funds managed by Impactive Capital LP. Mr. Asmar is a founding partner of Impactive Capital LP and as such may be deemed the beneficial owner of the shares. Mr. Asmar disclaims beneficial ownership of the securities reported herein except to the extent of his pecuniary interest.
Represents an award of restricted stock units ("RSUs") that will vest in full on the earlier of the date of the Company's 2020 Annual Meeting or May 2, 2020. Each RSU represents the contingent right to receive one share of the Issuer's common stock.
/s/ Alessandra Melloni as Attorney-in-Fact for Christian Asmar
2020-04-13