Monday, October 5, 2015

Re: [Avid-L2] STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

 

Richard C. Blum is an American investment banker. He is the husband of United States Senator from California Dianne Feinstein.

Owen 

On Oct 6, 2015, at 12:54 AM, jeffsengpiehl@yahoo.com [Avid-L2] <Avid-L2@yahoogroups.com> wrote:

 



FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).          
UNITED STATES SECURITIES AND EXCHANGE COMMISSION 
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                   
OMB APPROVAL 
OMB Number: 3235-0287 
Estimated average burden 
hours per response... 
0.5
                       
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                       


1. Name and Address of Reporting Person *

BCP III AIV A, L.P.
2. Issuer Name and Ticker or Trading Symbol

AVID TECHNOLOGY, INC. [ AVID ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                      __ __ 10% Owner 
_____ Officer (give title below)      _____ Other (specify below) 
(Last)          (First)          (Middle)

909 MONTGOMERY STREET, SUITE 400
3. Date of Earliest Transaction (MM/DD/YYYY)

10/1/2015
(Street)

SAN FRANCISCO, CA 94133
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

___ Form filed by One Reporting Person 
_ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security 
(Instr. 3)
2. Trans. Date2A. Deemed Execution Date, if any3. Trans. Code 
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D) 
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s) 
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock  10/1/2015   S  20889  D$8.02  3828333    (1)
 
Common Stock  10/5/2015   S  10414  D$8.01  3817919    (1)
 
Common Stock          2987238    (2)
 
Common Stock          39510    (3)
 

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security 
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code 
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D) 
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security 
(Instr. 3 and 4)
8. Price of Derivative Security 
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares


Explanation of Responses:
(1) 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.
(2) 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.
(3) These shares are owned directly by Richard C. Blum and Associates Inc.


Reporting Owners 
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
BCP III AIV A, L.P. 
909 MONTGOMERY STREET 
SUITE 400 
SAN FRANCISCO, CA 94133

X

BCP IV AIV A, L.P. 
909 MONTGOMERY STREET 
SUITE 400 
SAN FRANCISCO, CA 94133

X

Blum Strategic GP III, L.L.C. 
909 MONTGOMERY STREET 
SUITE 400 
SAN FRANCISCO, CA 94133

X

Blum Strategic GP IV, L.L.C. 
909 MONTGOMERY STREET 
SUITE 400 
SAN FRANCISCO, CA 94133

X

RICHARD C BLUM & ASSOCIATES INC 
909 MONTGOMERY STREET 
SUITE 400 
SAN FRANCISCO, CA 94133

X


Signatures 
See Attached Signature Page10/5/2015
** Signature of Reporting PersonDate


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 4(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 control number.

                                     EXHIBIT 99                                  Joint Filer Information        Designated Filer:              BCP III AIV A, L.P.    Date of Earliest Transaction    Required to be Reported:       October 1, 2015    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.            October 5, 2015                 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/ Deborah L. Perkovich          By:  /s/ Deborah L. Perkovich         ---------------------------            ---------------------------         Deborah L. Perkovich                   Deborah L. Perkovich         Chief Financial Officer                Chief Financial Officer                     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/ Deborah L. Perkovich               By:  /s/ Deborah L. Perkovich         ------------------------------         ------------------------------         Deborah L. Perkovich                   Deborah L. Perkovich         Chief Financial Officer                Chief Financial Officer                    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/ Deborah L. Perkovich               By:  /s/ Deborah L. Perkovich         ------------------------------         ------------------------------         Deborah L. Perkovich                   Deborah L. Perkovich         Chief Financial Officer                Chief Financial Officer               RICHARD C. BLUM AND ASSOCIATES INC.                By:  /s/ Deborah L. Perkovich         -----------------------------         Chief Financial Officer      




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Posted by: op <owen@thenowcorporation.com>
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this is the Avid-L2

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