0000921895-20-001978.txt : 20200713
0000921895-20-001978.hdr.sgml : 20200713
20200713180520
ACCESSION NUMBER: 0000921895-20-001978
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20200709
FILED AS OF DATE: 20200713
DATE AS OF CHANGE: 20200713
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: 201025947
MAIL ADDRESS:
STREET 1: 152 WEST 57TH STREET, 17TH FLOOR
CITY: NEW YORK CITY
STATE: NY
ZIP: 10019
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Impactive Capital LP
CENTRAL INDEX KEY: 0001786767
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-36254
FILM NUMBER: 201025948
BUSINESS ADDRESS:
STREET 1: 152 WEST 57TH STREET, 17TH FLOOR
CITY: NEW YORK CITY
STATE: NY
ZIP: 10019
BUSINESS PHONE: (212) 218-8812
MAIL ADDRESS:
STREET 1: 152 WEST 57TH STREET, 17TH FLOOR
CITY: NEW YORK CITY
STATE: NY
ZIP: 10019
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Impactive Capital GP LLC
CENTRAL INDEX KEY: 0001786733
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-36254
FILM NUMBER: 201025949
BUSINESS ADDRESS:
STREET 1: 152 WEST 57TH STREET, 17TH FLOOR
CITY: NEW YORK CITY
STATE: NY
ZIP: 10019
BUSINESS PHONE: (212) 218-8812
MAIL ADDRESS:
STREET 1: 152 WEST 57TH STREET, 17TH FLOOR
CITY: NEW YORK CITY
STATE: NY
ZIP: 10019
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Impactive Capital LLC
CENTRAL INDEX KEY: 0001786731
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-36254
FILM NUMBER: 201025950
BUSINESS ADDRESS:
STREET 1: 152 WEST 57TH, 17TH FLOOR
CITY: NEW YORK CITY
STATE: NY
ZIP: 10019
BUSINESS PHONE: (212) 218-8812
MAIL ADDRESS:
STREET 1: 152 WEST 57TH, 17TH FLOOR
CITY: NEW YORK CITY
STATE: NY
ZIP: 10019
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Wolfe Lauren Taylor
CENTRAL INDEX KEY: 0001699118
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-36254
FILM NUMBER: 201025951
MAIL ADDRESS:
STREET 1: 3100 CUMBERLAND BOULEVARD
STREET 2: SUITE 1700
CITY: ATLANTA
STATE: GA
ZIP: 30339
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
form412236003_07132020.xml
OWNERSHIP DOCUMENT
X0306
4
2020-07-09
0
0000896841
AVID TECHNOLOGY, INC.
AVID
0001787532
Asmar Christian
152 WEST 57TH STREET, 17TH FLOOR
NEW YORK CITY
NY
10019
1
0
1
0
0001786767
Impactive Capital LP
152 WEST 57TH STREET, 17TH FLOOR
NEW YORK CITY
NY
10019
0
0
1
0
0001786733
Impactive Capital GP LLC
152 WEST 57TH STREET, 17TH FLOOR
NEW YORK CITY
NY
10019
0
0
1
0
0001786731
Impactive Capital LLC
152 WEST 57TH, 17TH FLOOR
NEW YORK CITY
NY
10019
0
0
1
0
0001699118
Wolfe Lauren Taylor
152 WEST 57TH, 17TH FLOOR
NEW YORK CITY
NY
10019
0
0
1
0
Common Stock
2020-07-09
4
P
0
103711
6.9289
A
6877402
I
See Footnote
Common Stock
2020-07-10
4
P
0
4391
6.9662
A
6881793
I
See Footnote
Common Stock
25341
D
This Form 4 is filed jointly by Impactive Capital GP LLC ("Impactive GP"), Impactive Capital LP ("Impactive Capital"), Impactive Capital LLC ("Impactive Capital GP"), Lauren Taylor Wolfe and Christian Asmar (collectively, the "Reporting Persons"). Each of the Reporting Persons is a member of a Section 13(d) group that collectively owns more than 10% of the Issuer's outstanding shares of Common Stock. Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein except to the extent of his, her or its pecuniary interest therein.
Securities of the Issuer beneficially owned by Impactive GP and Impactive Capital. As the general partner of Impactive Capital, Impactive Capital GP may be deemed to beneficially own the securities of the Issuer beneficially owned by Impactive Capital. As managing members of each of Impactive GP and Impactive Capital GP, each of Ms. Taylor Wolfe and Mr. Asmar may be deemed to beneficially own the securities of the Issuer beneficially owned by Impactive GP and Impactive Capital GP.
Securities of the Issuer directly beneficially owned by Mr. Asmar, including 16,381 shares of Common Stock underlying certain RSUs, which will vest in full on the earlier of the date of the Issuer's 2021 Annual Meeting of Stockholders or April 30, 2021.
/s/ Christian Asmar
2020-07-13
IMPACTIVE CAPTIAL LP, By: Impactive Capital LLC, its general partner, By: /s/ Lauren Taylor Wolfe, Managing Member
2020-07-13
IMPACTIVE CAPITAL GP LLC, By: /s/ Lauren Taylor Wolfe, Managing Member
2020-07-13
IMPACTIVE CAPITAL LLC, By: /s/ Lauren Taylor Wolfe, Managing Member
2020-07-13
/s/ Lauren Taylor Wolfe
2020-07-13