4//SEC Filing
Drees Daniel 4
Accession 0000950170-25-032921
CIK 0001858257other
Filed
Mar 3, 7:00 PM ET
Accepted
Mar 4, 9:19 PM ET
Size
17.0 KB
Accession
0000950170-25-032921
Insider Transaction Report
Form 4
Drees Daniel
President
Transactions
- Sale
Common Stock
2025-02-28$7.59/sh−1,559$11,839→ 1,210,056 total - Exercise/Conversion
Common Stock
2025-02-28+5,104→ 1,195,290 total - Exercise/Conversion
Common Stock
2025-02-28+16,325→ 1,211,615 total - Sale
Common Stock
2025-02-28$7.59/sh−4,984$37,848→ 1,205,072 total - Sale
Common Stock
2025-02-28$7.59/sh−6,234$47,341→ 1,198,838 total - Sale
Common Stock
2025-02-28$7.59/sh−22,005$167,106→ 1,176,833 total - Exercise/Conversion
Restricted Stock Units
2025-02-28−5,104→ 0 total→ Common Stock (5,104 underlying) - Exercise/Conversion
Restricted Stock Units
2025-02-28−16,325→ 65,299 total→ Common Stock (16,325 underlying)
Footnotes (5)
- [F1]Upon vesting, restricted stock units convert into common stock on a one-for-one-basis.
- [F2]The sales reported on this Form 4 represent shares sold by the reporting person to cover tax withholding obligations in connection with the vesting and settlement of restricted stock units. The sales were to satisfy tax withholding obligations to be funded by a "sell to cover" transaction.
- [F3]This transaction was executed in multiple trades at prices ranging from $7.53 to $7.70. 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.
- [F4]On February 19, 2021, the reporting person was granted 81,612 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.
- [F5]On March 16, 2022, the reporting person was granted 261,194 restricted stock units, vesting 25% on the first anniversary of the vesting commencement date and quarterly thereafter. The vesting commencement date was February 15, 2022.
Documents
Issuer
AvidXchange Holdings, Inc.
CIK 0001858257
Entity typeother
Related Parties
1- filerCIK 0001886969
Filing Metadata
- Form type
- 4
- Filed
- Mar 3, 7:00 PM ET
- Accepted
- Mar 4, 9:19 PM ET
- Size
- 17.0 KB