SEXTON KEN 4
4 · AVID TECHNOLOGY, INC. · Filed Feb 1, 2010
Insider Transaction Report
Form 4
SEXTON KEN
EVP, CFO & CAO
Transactions
- Tax Payment
Common Stock
2010-01-28$12.46/sh−3,178$39,598→ 57,683 total
Footnotes (1)
- [F1]Represents shares withheld to satisfy tax withholding obligation upon the vesting on January 28, 2010 (the first date on which the company publicly announced a non-GAAP operating profit for a completed 2009 fiscal quarter) of 100% of the restricted stock unit awarded on March 17, 2009. This award includes a provision for the withholding of shares to pay the withholding taxes due on the vesting date.