4//SEC Filing
Salem Enrique T 4
Accession 0000899243-22-011582
CIK 0001858257other
Filed
Mar 17, 8:00 PM ET
Accepted
Mar 18, 4:00 PM ET
Size
22.4 KB
Accession
0000899243-22-011582
Insider Transaction Report
Form 4
BAIN CAPITAL VENTURE FUND 2014, L.P.
10% Owner
Transactions
- Other
Common Stock
2022-03-16−4,453,948→ 18,929,292 total(indirect: See footnotes)
BCIP VENTURE ASSOCIATES-B
10% Owner
Transactions
- Other
Common Stock
2022-03-16−4,453,948→ 18,929,292 total(indirect: See footnotes)
Transactions
- Other
Common Stock
2022-03-16−4,453,948→ 18,929,292 total(indirect: See footnotes)
BCV AX Investors, L.P.
10% Owner
Transactions
- Other
Common Stock
2022-03-16−4,453,948→ 18,929,292 total(indirect: See footnotes)
BCIP Venture Associates
10% Owner
Transactions
- Other
Common Stock
2022-03-16−4,453,948→ 18,929,292 total(indirect: See footnotes)
Agarwal Ajay
10% Owner
Transactions
- Other
Common Stock
2022-03-16−4,453,948→ 18,929,292 total(indirect: See footnotes)
BAIN CAPITAL VENTURE INVESTORS, LLC
10% Owner
Transactions
- Other
Common Stock
2022-03-16−4,453,948→ 18,929,292 total(indirect: See footnotes)
Transactions
- Other
Common Stock
2022-03-16−4,453,948→ 18,929,292 total(indirect: See footnotes)
Transactions
- Other
Common Stock
2022-03-16−4,453,948→ 18,929,292 total(indirect: See footnotes)
Salem Enrique T
10% Owner
Transactions
- Other
Common Stock
2022-03-16−4,453,948→ 18,929,292 total(indirect: See footnotes)
Footnotes (6)
- [F1]On March 16, 2022, BCV AX Investors, L.P. ("BCV AX"), whose general partner is Bain Capital Venture Investors, LLC ("BCVI"), distributed 4,453,948 shares of Common Stock to its limited partners in a pro-rata in-kind distribution without consideration.
- [F2]BCVI is the general partner of Bain Capital Venture Partners 2014, L.P. ("BCV Partners 2014"), which is the general partner of Bain Capital Venture Fund 2014, L.P. ("BCV Fund 2014"). As a result, BCV Partners 2014 may be deemed to share voting and dispositive power with respect to the 7,230,388 shares of Common Stock held by BCV Fund 2014. BCV Partners 2014 disclaims beneficial ownership of such securities except to the extent of its pecuniary interest therein.
- [F3]BCVI is the general partner of Bain Capital Venture Coinvestment Partners, L.P. ("BCV Coinvest Partners"), which is the general partner of Bain Capital Venture Coinvestment Fund, L.P. ("BCV Coinvest Fund"). As a result, BCV Coinvest Partners may be deemed to share voting and dispositive power with respect to the 9,751,160 shares of Common Stock held by BCV Coinvest Fund. BCV Coinvest Partners disclaims beneficial ownership of such securities except to the extent of its pecuniary interest therein.
- [F4]BCIP Venture Associates ("BCIP Venture"), whose managing partner is Boylston Coinvestors, LLC ("Boylston"), holds 1,843,596 shares of Common Stock.
- [F5]BCIP Venture Associates-B ("BCIP Venture-B" and, together with BCV Fund 2014, BCV Coinvest Fund, BCV AX and BCIP Venture, the "Bain Capital Venture Entities"), whose managing partner is Boylston, holds 104,148 shares of Common Stock.
- [F6]The governance, investment strategy and decision-making process with respect to the investments held by the Bain Capital Venture Entities is directed by the Executive Committee of BCVI, which consists of Enrique Salem and Ajay Agarwal. As a result, BCVI and Messrs. Salem and Agarwal may be deemed to share voting and dispositive power with respect to the securities held by the Bain Capital Venture Entities. BCVI and Messrs. Salem and Agarwal disclaim beneficial ownership of such securities except to the extent of their pecuniary interest therein.
Documents
Issuer
AvidXchange Holdings, Inc.
CIK 0001858257
Entity typeother
Related Parties
1- filerCIK 0001295402
Filing Metadata
- Form type
- 4
- Filed
- Mar 17, 8:00 PM ET
- Accepted
- Mar 18, 4:00 PM ET
- Size
- 22.4 KB