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( Mark One ) UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington , D.C. 20549 FORM 10 - K ANNUAL REPORT PURSUANT TO SECTION 13 OR 15 ( d ) OF THE SECURITIES EXCHANGE ACT OF 1934 Delaware ( State or Other Jurisdiction of Incorporation or Organization ) TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 ( d ) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from For the fiscal year ended December 31 , 2020 OR Title of Each Class Common Stock , $ .01 par value Commission File Number : 1-36254 Avid Technology , Inc. ( Exact Name of Registrant as Specified in Its Charter ) to Burlington Massachusetts 01803 ( Address of Principal Executive Offices , Including Zip Code ) 75 Network Drive ( 978 ) 640-6789 ( Registrant's Telephone Number , Including Area Code ) Securities Registered Pursuant to Section 12 ( b ) of the Act : Trading Symbol ( s ) . AVID Large Accelerated Filer Non - accelerated Filer Securities Registered Pursuant to Section 12 ( g ) of the Act : None Indicate by check mark if the registrant is a well - known seasoned issuer , as defined in Rule 405 of the Securities Act . Yes No x Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15 ( d ) of the Act . Yes No x Indicate by check mark whether the registrant : ( 1 ) has filed all reports required to be filed by Section 13 or 15 ( d ) of the Securities Exchange Act of 1934 during the preceding 12 months ( or for such shorter period that the registrant was required to file such reports ) and ( 2 ) has been subject to such filing requirements for the past 90 days . Yes x No " Name of each exchange on which registered Nasdaq Global Select Market Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S - T during the preceding 12 months ( or for such shorter period that the registrant was required to submit such files ) . Yes x No O 0 04-2977748 ( I.R.S. Employer Identification No. ) Indicate by check mark whether the registrant is a large accelerated filer , an accelerated filer , a non - accelerated filer , an emerging growth company or a smaller reporting company . See the definitions of " large accelerated filer , " " accelerated filer " , " emerging growth company ” and “ smaller reporting company " in Rule 12b - 2 of the Exchange Act . Accelerated Filer Smaller Reporting Company Emerging Growth Company X If an emerging growth company , indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13 ( a ) of the Exchange Act . Indicate by check mark whether the registrant is a shell company ( as defined in Rule 12b - 2 of the Exchange Act ) . Yes No x The aggregate market value of the voting stock held by non - affiliates of the registrant was approximately 301,016,458 based on the closing price of the Common Stock on the Nasdaq Global Select Market on June 30 , 2020. The number of shares outstanding of the registrant's Common Stock as of March 5 , 2021 was 44,490,187 .