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AvidXchange Holdings, Inc. — Director's Dealing 2021
Oct 13, 2021
31652_dirs_2021-10-12_119a5fe9-f399-4574-8dfb-0866f17ee9d1.zip
Director's Dealing
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SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: AvidXchange Holdings, Inc. (AVDX)
CIK: 0001858257
Period of Report: 2021-10-12
Reporting Person: Cunningham Todd Alan (See Remarks)
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Employee Stock Option (right to buy) | $0.27 | 2024-10-09 | Common Stock (80772) | Direct | |
| Employee Stock Option (right to buy) | $0.97 | 2025-04-23 | Common Stock (47664) | Direct | |
| Employee Stock Option (right to buy) | $2.04 | 2026-06-01 | Common Stock (19604) | Direct | |
| Employee Stock Option (right to buy) | $3.18 | 2027-03-29 | Common Stock (10000) | Direct | |
| Employee Stock Option (right to buy) | $3.22 | 2028-03-05 | Common Stock (27648) | Direct | |
| Employee Stock Option (right to buy) | $3.79 | 2029-03-20 | Common Stock (29260) | Direct | |
| Employee Stock Option (right to buy) | $10.42 | 2030-10-01 | Common Stock (53588) | Direct | |
| Employee Stock Option (right to buy) | $12.11 | 2031-02-19 | Common Stock (100960) | Direct |
Footnotes
F1: Number of Shares and Exercise Price give effect to the 4-for-1 forward stock split that was effected on September 30, 2021.
F2: The option vests 25% on the first anniversary of the grant date and monthly thereafter over 36 months. The grant date was March 5, 2018.
F3: The option vests 25% on the first anniversary of the grant date and monthly thereafter over 36 months. The grant date was March 20, 2019.
F4: The option vests 25% on the first anniversary of the vesting commencement date and quarterly thereafter over 12 quarters. The vesting commencement date was February 15, 2020.
F5: The option vests 25% on the first anniversary of the vesting commencement date and quarterly thereafter over 12 quarters. The vesting commencement date was February 15, 2021.