AvidXchange Holdings, Inc. — Director's Dealing 2021

Oct 20, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AvidXchange Holdings, Inc. (AVDX)
CIK: 0001858257
Period of Report: 2021-10-15

Reporting Person: Stahl Ryan (See Remarks)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-10-15	Restricted Stock Units	$	A	34684	Acquired		Common Stock (34684)	Direct
2021-10-15	Restricted Stock Units	$	A	20400	Acquired		Common Stock (20400)	Direct
2021-10-15	Restricted Stock Units	$	A	40	Acquired		Common Stock (40)	Direct

Footnotes

F1: Each restricted stock unit represents a contingent right to receive one share of the issuer's common stock. For grants made prior to September 30, 2021, the number of shares gives effect to the 4-for-1 stock split that was effected on September 30, 2021.

F2: The restricted stock units vest 25% on the first anniversary of the vesting commencement date and quarterly thereafter over 12 quarters. The vesting commencement date was February 15, 2021. Vested shares will be delivered to the reporting person on or after the six month anniversary of the initial public offering or, if earlier, on the subsequent March 15.

F3: The restricted stock units vest 25% on the first anniversary of the vesting commencement date and quarterly thereafter over 12 quarters. The vesting commencement date was February 15, 2020. Vested shares will be delivered to the reporting person on or after the six month anniversary of the initial public offering or, if earlier, on the subsequent March 15.

F4: The restricted stock units will vest on November 15, 2022.