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