0001652608-20-000003.txt : 20200409 0001652608-20-000003.hdr.sgml : 20200409 20200409171018 ACCESSION NUMBER: 0001652608-20-000003 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20200407 FILED AS OF DATE: 20200409 DATE AS OF CHANGE: 20200409 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: BLUM CAPITAL PARTNERS LP CENTRAL INDEX KEY: 0000938775 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-36254 FILM NUMBER: 20785253 BUSINESS ADDRESS: STREET 1: 909 MONTGOMERY STREET # 400 CITY: SAN FRANCISCO STATE: CA ZIP: 94133 BUSINESS PHONE: 4154341111 MAIL ADDRESS: STREET 1: 909 MONTGOMERY STREET STREET 2: SUITE 400 CITY: SAN FRANCISCO STATE: CA ZIP: 94133 FORMER NAME: FORMER CONFORMED NAME: BLUM RICHARD C & ASSOCIATES L P DATE OF NAME CHANGE: 19970219 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: RICHARD C BLUM & ASSOCIATES INC CENTRAL INDEX KEY: 0000847243 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-36254 FILM NUMBER: 20785254 BUSINESS ADDRESS: STREET 1: 909 MONTGOMERY STREET STREET 2: SUITE 400 CITY: SAN FRANCISCO STATE: CA ZIP: 94133 BUSINESS PHONE: 415-434-1111 MAIL ADDRESS: STREET 1: 909 MONTGOMERY STREET STREET 2: SUITE 400 CITY: SAN FRANCISCO STATE: CA ZIP: 94133 FORMER NAME: FORMER CONFORMED NAME: BLUM RICHARD C & ASSOCIATES INC DATE OF NAME CHANGE: 19931213 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Blum Strategic GP V, L.L.C. CENTRAL INDEX KEY: 0001806882 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-36254 FILM NUMBER: 20785255 BUSINESS ADDRESS: STREET 1: 909 MONTGOMERY STREET CITY: SAN FRANCISCO STATE: CA ZIP: 94133 BUSINESS PHONE: 4154341111 MAIL ADDRESS: STREET 1: 909 MONTGOMERY STREET CITY: SAN FRANCISCO STATE: CA ZIP: 94133 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Blum Strategic GP IV, L.L.C. CENTRAL INDEX KEY: 0001420349 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-36254 FILM NUMBER: 20785256 BUSINESS ADDRESS: STREET 1: 909 MONTOGOMERY STREET STREET 2: SUITE 400 CITY: SAN FRANCISCO STATE: CA ZIP: 94133 BUSINESS PHONE: 415 434 1111 MAIL ADDRESS: STREET 1: 909 MONTOGOMERY STREET STREET 2: SUITE 400 CITY: SAN FRANCISCO STATE: CA ZIP: 94133 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Blum Strategic GP III, L.L.C. CENTRAL INDEX KEY: 0001327007 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-36254 FILM NUMBER: 20785257 BUSINESS ADDRESS: STREET 1: 909 MONTGOMERY STREET, SUITE 400 CITY: SAN FRANCISCO STATE: CA ZIP: 94133 BUSINESS PHONE: 415.434.1111 MAIL ADDRESS: STREET 1: 909 MONTGOMERY STREET, SUITE 400 CITY: SAN FRANCISCO STATE: CA ZIP: 94133 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: BCP IV AIV A, L.P. CENTRAL INDEX KEY: 0001652604 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-36254 FILM NUMBER: 20785258 BUSINESS ADDRESS: STREET 1: 909 MONTGOMERY STREET STREET 2: SUITE 400 CITY: SAN FRANCISCO STATE: CA ZIP: 94133 BUSINESS PHONE: 415-434-1111 MAIL ADDRESS: STREET 1: 909 MONTGOMERY STREET STREET 2: SUITE 400 CITY: SAN FRANCISCO STATE: CA ZIP: 94133 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: BCP III AIV A, L.P. CENTRAL INDEX KEY: 0001652608 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-36254 FILM NUMBER: 20785259 BUSINESS ADDRESS: STREET 1: 909 MONTGOMERY STREET STREET 2: SUITE 400 CITY: SAN FRANCISCO STATE: CA ZIP: 94133 BUSINESS PHONE: 415-434-1111 MAIL ADDRESS: STREET 1: 909 MONTGOMERY STREET STREET 2: SUITE 400 CITY: SAN FRANCISCO STATE: CA ZIP: 94133 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: AVID TECHNOLOGY, INC. CENTRAL INDEX KEY: 0000896841 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] IRS NUMBER: 042977748 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 75 NETWORK DRIVE CITY: BURLINGTON STATE: MA ZIP: 01803 BUSINESS PHONE: 978.640.3121 MAIL ADDRESS: STREET 1: 75 NETWORK DRIVE CITY: BURLINGTON STATE: MA ZIP: 01803 FORMER COMPANY: FORMER CONFORMED NAME: AVID TECHNOLOGY INC DATE OF NAME CHANGE: 19930203 4 1 edgar.xml PRIMARY DOCUMENT X0306 4 2020-04-07 1 0000896841 AVID TECHNOLOGY, INC. AVID 0001652608 BCP III AIV A, L.P. 909 MONTGOMERY STREET SUITE 400 SAN FRANCISCO 94133 0 0 1 0 0001652604 BCP IV AIV A, L.P. 909 MONTGOMERY STREET SUITE 400 SAN FRANCISCO CA 94133 0 0 1 0 0001327007 Blum Strategic GP III, L.L.C. 909 MONTGOMERY STREET SUITE 400 SAN FRANCISCO CA 94133 0 0 1 0 0001420349 Blum Strategic GP IV, L.L.C. 909 MONTGOMERY STREET SUITE 400 SAN FRANCISCO CA 94133 0 0 1 0 0001806882 Blum Strategic GP V, L.L.C. 909 MONTGOMERY STREET SUITE 400 SAN FRANCISCO 94133 0 0 1 0 0000847243 RICHARD C BLUM & ASSOCIATES INC 909 MONTGOMERY STREET SUITE 400 SAN FRANCISCO CA 94133 0 0 1 0 0000938775 BLUM CAPITAL PARTNERS LP 909 MONTGOMERY STREET SUITE 400 SAN FRANCISCO 94133 0 0 1 0 Common Stock 2020-04-07 4 J 0 2707717 0 D 820902 D Common Stock 2020-04-07 4 J 0 2292283 0 D 694955 D Common Stock 2020-04-07 4 J 0 21 0 A 39531 D Common Stock 2020-04-07 4 J 0 21 0 A 21 D These shares of the Common Stock of the Issuer are held directly by BCP III AIV A, L.P. ("AIV III"). These shares may also be deemed to be owned indirectly by (i) Blum Strategic GP III, L.P. ("Blum GP III LP"), AIV III's general partner, and (ii) Blum Strategic GP III, L.L.C. ("Blum GP III"), Blum GP III LP's general partner. Both Blum GP III LP and Blum GP III disclaim beneficial ownership of these shares, except to the extent of any pecuniary interest therein. These shares of the Common Stock of the Issuer are held directly by BCP IV AIV A, L.P. ("AIV IV"). These shares may also be deemed to be owned indirectly by (i) Blum Strategic GP IV, L.P. ("Blum GP IV LP"), AIV IV's general partner, and (ii) Blum Strategic GP IV, L.L.C. ("Blum GP IV"), Blum GP IV LP's general partner. Both Blum GP IV LP and Blum GP IV disclaim beneficial ownership of these shares, except to the extent of any pecuniary interest therein. Consists of 39,510 shares of Common Stock owned directly by Richard C. Blum and Associates Inc. ("RCBA") and 21 shares of Common Stock owned directly by Blum Capital Partners, L.P. ("Blum LP"). See footnote (6) for more information. Pursuant to a previously disclosed Rule 10b5-1 plan (the "Rule 10b5-1 Plan") entered into by the Reporting Persons, Blum Strategic Partners V, L.P. ("Strategic V"), and certain limited partners of Strategic V, AIV III distributed, for no consideration and on a pro rata basis, 2,414,310 shares of Common Stock to its partners and AIV IV distributed, for no consideration and on a pro rata basis, 2,292,283 shares of Common Stock to its partners. As a limited partner of each of AIV III and AIV IV, Strategic V was deemed to acquire an aggregate of 4,183,552 shares of Common Stock in these distributions, however, pursuant to the Rule 10b5-1 Plan, Strategic V immediately distributed all such shares of Common Stock to its partners for no consideration on a pro rata basis. Strategic V did not directly own any shares of Common Stock prior to the AIV III and AIV IV distributions nor did it retain direct ownership of any shares following the completion of its own distribution. Blum Strategic GP V, L.P. ("Blum GP V LP") serves as general partner of Strategic V and, in turn, Blum Strategic GP V, L.L.C. ("Blum GP V") serves as its general partner. Each of Blym GP V LP and Blum GP V may be deemed to indirectly beneficially own any shares beneficially owned by Strategic V. Both Blum GP V LP and Blum GP V disclaim beneficial ownership of any shares that Strategic V may be deemed to beneficially own, except to the extent of any pecuniary interest therein. As a limited partner of AIV III and AIV IV, Blum LP acquired 21 shares of Common Stock in the distributions by AIV III and AIV IV described in footnote (4). RCBA serves as general partner of Blum LP and may be deemed to indirectly beneficially own any shares beneficially owned by Blum LP. RCBA disclaims beneficial ownership of any shares that Blum LP may be deemed to beneficially own, except to the extent of any pecuniary interest therein. /s/ Peter Westley 2020-04-09 EX-99 2 avidjntfilersigfrm4.htm JOINT FILER INFORMATION

                                     EXHIBIT 99

                              Joint Filer Information



Designated Filer:              BCP III AIV A, L.P.

Date of Earliest Transaction

Required to be Reported:       April 9, 2020

Issuer & Symbol:               Avid Technology, Inc. (AVID)



Address of each Reporting Person for this Form 4:

909 Montgomery Street, Suite 400, San Francisco, CA  94133

Relationship to Issuer of each Reporting Person:  10% Owner



                                     Signatures



After reasonable inquiry and to the best of our knowledge and

belief, the undersigned certify that the information set forth

in this statement is true, complete and correct.





April 9, 2020





BCP III AIV A, L.P.                    BCP IV AIV A, L.P.

By:  BLUM STRATEGIC GP III, L.P.       By:  BLUM STRATEGIC GP IV, L.P.

     its General Partner                    its General Partner

By:  BLUM STRATEGIC GP III, L.L.C.     By:  BLUM STRATEGIC GP IV, L.L.C.

     its General Partner                    its General Partner





By:  /s/ Peter Westley                    By:  /s/ Peter Westley

     ---------------------------            ---------------------------

     Peter Westley                            Peter Westley

     Member                                   Member







BLUM STRATEGIC GP III, L.L.C.          BLUM STRATEGIC GP III, L.P.

                                       By:  Blum Strategic GP III, L.L.C.

                                            its General Partner



By:  /s/ Peter Westley                 By:  /s/ Peter Westley

     ------------------------------         ------------------------------

     Peter Westley                          Peter Westley

     Member                                 Member





BLUM STRATEGIC GP IV, L.L.C.           BLUM STRATEGIC GP IV, L.P.

                                       By:  Blum Strategic GP IV, L.L.C.

                                            its General Partner



By:  /s/ Peter Westley                 By:  /s/ Peter Westley

     ------------------------------         ------------------------------

     Peter Westley                          Peter Westley

     Member                                 Member





BLUM STRATEGIC GP V, L.L.C.           BLUM STRATEGIC GP V, L.P.

                                       By:  Blum Strategic GP V, L.L.C.

                                            its General Partner



By:  /s/ Peter Westley                 By:  /s/ Peter Westley

     ------------------------------         ------------------------------

     Peter Westley                          Peter Westley

     Managing Member                        Managing Member





RICHARD C. BLUM AND ASSOCIATES INC.   BLUM CAPITAL PARTNERS, L.P.

                                       By:  Richard C. Blum & Associates Inc.

                                            its General Partner



By:  /s/ Peter Westley                 By:  /s/ Peter Westley

     -----------------------------         -----------------------------

     Peter Westley                         Peter Westley

     Managing Partner                      Managing Partner