SEC FORM
3
SEC Form 3
| FORM 3 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
|
| OMB APPROVAL |
| OMB Number: |
3235-0104 |
| Estimated average burden |
| hours per response: |
0.5 |
|
|
1. Name and Address of Reporting Person*
(Street)
|
2. Date of Event Requiring Statement
(Month/Day/Year)
08/24/2015
|
3. Issuer Name and Ticker or Trading Symbol
AVID TECHNOLOGY, INC.
[ AVID ]
|
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
|
Director |
|
10% Owner |
| X |
Officer (give title below) |
|
Other (specify below) |
| Chief Product Officer |
|
5. If Amendment, Date of Original Filed
(Month/Day/Year)
|
6. Individual or Joint/Group Filing (Check Applicable Line)
| X |
Form filed by One Reporting Person |
|
Form filed by More than One Reporting Person |
|
| Table I - Non-Derivative Securities Beneficially Owned |
|---|
| 1. Title of Security (Instr.
4)
|
2.
Amount of Securities Beneficially Owned (Instr.
4)
|
3. Ownership Form: Direct (D) or Indirect (I) (Instr.
5)
|
4. Nature of Indirect Beneficial Ownership (Instr.
5)
|
| Common Stock |
40,110 |
D |
|
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
|
|---|
| 1. Title of Derivative Security (Instr.
4)
|
2. Date Exercisable and Expiration Date
(Month/Day/Year) |
3. Title and Amount of Securities Underlying Derivative Security (Instr.
4)
|
4. Conversion or Exercise Price of Derivative Security
|
5. Ownership Form: Direct (D) or Indirect (I) (Instr.
5)
|
6. Nature of Indirect Beneficial Ownership (Instr.
5)
|
| Date Exercisable |
Expiration Date |
Title |
Amount or Number of Shares |
| Employee stock option (right to buy) |
|
03/03/2018 |
Common Stock |
2,790 |
24.04 |
D |
|
| Employee stock option (right to buy) |
|
06/15/2016 |
Common Stock |
9,000 |
13.41 |
D |
|
| Employee stock option (right to buy) |
|
04/01/2017 |
Common Stock |
8,000 |
13.89 |
D |
|
| Employee stock option (right to buy) |
|
08/15/2021 |
Common Stock |
25,000 |
7.7 |
D |
|
| Explanation of Responses: |
|
|
|
|
| Remarks: |
|
|
/s/ Nina Andersson-Willard as Attorney-in-Fact |
08/26/2015 |
|
** Signature of Reporting Person |
Date |
| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. |
| * If the form is filed by more than one reporting person,
see
Instruction
5
(b)(v). |
| ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations
See
18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
| Note: File three copies of this Form, one of which must be manually signed. If space is insufficient,
see
Instruction 6 for procedure. |
| Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. |
LIMITED
POWER
OF
ATTORNEY
FOR
SECTION
16
REPORTING
OBLIGATIONS
Know
all
by
these
presents
that
the
undersigned
hereby
makes
constitutes
and
appoints
each
of
John
Frederick
Jason
Duva
and
Nina
AnderssonWillard,
signing
singly
and
each
acting
individually
as
the
undersigneds
true
and
lawful
attorneyinfact
with
full
power
and
authority
as
hereinafter
described
to
1
execute
for
and
on
behalf
of
the
undersigned
in
the
undersigneds
capacity
as
an
officer
and or
director
of
Avid
Technology
Inc
the
Company
Forms
3
4
and
5
including
any
amendments
thereto
in
accordance
with
Section
16a
of
the
Securities
Exchange
Act
of
1934
and
the
rules
thereunder
the
Exchange
Act
2
do
and
perform
any
and
all
acts
for
and
on
behalf
of
the
undersigned
which
may
be
necessary
or
desirable
to
prepare
complete
and
execute
any
such
Form
3
4
or
5
prepare
complete
and
execute
any
amendment
or
amendments
thereto
and
timely
deliver
and
file
such
form
with
the
United
States
Securities
and
Exchange
Commission
and
any
stock
exchange
or
similar
authority
3
seek
or
obtain
as
the
undersigneds
representative
and
on
the
undersigneds
behalf
information
regarding
transactions
in
the
Companys
securities
from
any
third
party
including
brokers
employee
benefit
plan
administrators
and
trustees
and
the
undersigned
hereby
authorizes
any
such
person
to
release
any
such
information
to
such
attorneyinfact
and
approves
and
ratifies
any
such
release
of
information
and
4
take
any
other
action
of
any
type
whatsoever
in
connection
with
the
foregoing
which
in
the
opinion
of
such
attorneyinfact
may
be
of
benefit
to
in
the
best
interest
of
or
legally
required
by
the
undersigned
it
being
understood
that
the
documents
executed
by
such
attorneyinfact
on
behalf
of
the
undersigned
pursuant
to
this
Power
of
Attorney
shall
be
in
such
form
and
shall
contain
such
terms
and
conditions
as
such
attorneyinfact
may
approve
in
such
attorneyinfacts
discretion
The
undersigned
hereby
grants
to
each
such
attorneyinfact
full
power
and
authority
to
do
and
perform
any
and
every
act
and
thing
whatsoever
requisite
necessary
or
proper
to
be
done
in
the
exercise
of
any
of
the
rights
and
powers
herein
granted
as
fully
to
all
intents
and
purposes
as
the
undersigned
might
or
could
do
if
personally
present
with
full
power
of
substitution
or
revocation
hereby
ratifying
and
confirming
all
that
such
attorneyinfact
or
such
attorneyinfacts
substitute
or
substitutes
shall
lawfully
do
or
cause
to
be
done
by
virtue
of
this
power
of
attorney
and
the
rights
and
powers
herein
granted
The
undersigned
acknowledges
that
the
foregoing
attorneysinfact
in
serving
in
such
capacity
at
the
request
of
the
undersigned
are
not
assuming
nor
relieving
nor
is
the
Company
assuming
nor
relieving
any
of
the
undersigneds
responsibilities
to
comply
with
Section
16
of
the
Exchange
Act
The
undersigned
acknowledges
that
neither
the
Company
nor
the
foregoing
attorneysinfact
assume
i
any
liability
for
the
undersigneds
responsibility
to
comply
with
the
requirements
of
the
Exchange
Act
ii
any
liability
of
the
undersigned
for
any
failure
to
comply
with
such
requirements
or
iii
any
obligation
or
liability
of
the
undersigned
for
profit
disgorgement
under
Section
16b
of
the
Exchange
Act
This
Power
of
Attorney
shall
remain
in
full
force
and
effect
until
the
undersigned
is
no
longer
required
to
file
Forms
3
4
and
5
with
respect
to
the
undersigneds
holdings
of
and
transactions
in
securities
issued
by
the
Company
unless
earlier
revoked
by
the
undersigned
in
a
signed
writing
delivered
to
the
foregoing
attorneysinfact
IN
WITNESS
WHEREOF
the
undersigned
has
caused
this
Power
of
Attorney
to
be
executed
as
of
this
20th
day
of
August
2015
