X0306 4 2016-08-18 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 2016-08-18 4 M 0 50000 7.40 A 64273 D Common Stock 2016-08-18 4 F 0 44070 9.42 D 20203 D Common Stock 9263 I By IRA Employee Stock Option (right to buy) 7.40 2016-08-18 4 M 0 50000 0 D 2014-05-14 2021-05-14 Common Stock 50000 0 D Includes shares acquired under the Issuer's Employee Stock Purchase Plan based upon the most current data available. The reporting person exercised his options in a cashless net settlement exercise with the Company. The disposition of shares reflects the disposition of shares in connection with the payment of the exercise price as well as withholding taxes. The option vests as follows: (i) on the date the Company's registration statement covering the exercise of the option is effective (the "Effective Date") the vested number of shares shall equal (A) 33.33% of the shares plus (B) an additional 8.25% of the shares for each three-month period, starting from April 26, 2014 that is completed on or before the Effective Date, and (ii) thereafter the shares shall vest in equal installments of 8.25% of the shares upon the conclusion of each three-month period (starting from April 26, 2014) that ends after the Effective Date, with the first vesting date on May 14, 2014, provided that the officer is employed by the Company on such vesting date. The option was fully vested and exercisable on April 26, 2016. /s/ Alessandra Melloni as Attorney-in-Fact for Ryan H. Murray 2016-08-22