X0306 4 2016-05-17 0000896841 AVID TECHNOLOGY, INC. AVID 0001270266 HERNANDEZ LOUIS JR AVID TECHNOLOGY, INC. 75 NETWORK DRIVE BURLINGTON MA 01803 1 1 0 0 Chairman, Pres. & CEO Common Stock 2016-05-17 4 P 0 69000 5.9703 A 319000 I By BD Capital Partners GP, LLC Common Stock 516707 D The price reported in Column 4 is a weighted average price. The shares were acquired on May 17, 2016 in multiple transactions at prices ranging from $5.7812 to $6.00, inclusive. The reporting person undertakes to provide to any security holder of Avid Technology, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote. The reporting person disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest therein. Includes shares acquired under the Issuer's Employee Stock Purchase Plan based upon the most current data available. /s/ Alessandra Melloni as Attorney-in-Fact for Louis Hernandez, Jr. 2016-05-18