X0306 4 2016-05-09 0000896841 AVID TECHNOLOGY, INC. AVID 0001591000 Murray Ryan H AVID TECHNOLOGY, INC. 75 NETWORK DRIVE BURLINGTON MA 01803 0 1 0 1 VP & Chief Accounting Officer Controller Common Stock 2016-05-09 4 S 0 9263 5.5713 D 14742 D Common Stock 2016-05-09 4 P 0 9263 5.566 A 9263 I By IRA The sale of shares from Mr. Murray's direct holdings and purchase through his IRA investment retirement account were for tax planning purposes. Mr. Murray has agreed to disgorge any short swing profit generated from these transactions. The price reported in Column 4 is a weighted average price. The shares were sold on May 9, 2016 in multiple transactions at prices ranging from $5.57 to $5.58, 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. Includes shares acquired under the Issuer's Employee Stock Purchase Plan based upon the most current data available. The price reported in Column 4 is a weighted average price. The shares were acquired on May 9, 2016 in multiple transactions at prices ranging from $5.5643 to $5.58, 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. /s/ Jason A. Duva as Attorney-in-Fact for Ryan Murray 2016-05-11