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
                                                                                  
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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 *

King Theodore Walker Cheng-De
2. Issuer Name and Ticker or Trading Symbol

Avaya Holdings Corp. [ AVYA ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

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

UNIT 1502, 15TH FLOOR, 99 HENNESSY ROAD
3. Date of Earliest Transaction (MM/DD/YYYY)

8/9/2022
(Street)

WANCHAI, HONG KONG, K3 999077
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

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

_X _ 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. Date 2A. Deemed Execution Date, if any 3. 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)
Code V Amount (A) or (D) Price
Common Stock 8/9/2022  P  2707 A$0.6995 9001457 D  
Common Stock 8/9/2022  P  172133 A$0.6972 9173590 D  
Common Stock 8/9/2022  P  79296 A$0.696 9252886 D  
Common Stock 8/9/2022  P  7803 A$0.6995 9260689 D  
Common Stock 8/9/2022  P  165423 A$0.6997 9426112 D  
Common Stock 8/9/2022  P  69351 A$0.6976 9495463 D  
Common Stock 8/9/2022  P  3287 A$0.6977 9498750 D  
Common Stock 8/9/2022  P  12588 A$0.69 9511338 D  
Common Stock 8/9/2022  P  487412 A$0.6903 9998750 D  
Common Stock 8/9/2022  P  500000 A$0.68 10498750 D  
Common Stock 8/9/2022  P  500000 A$0.67 10998750 D  
Common Stock 8/9/2022  X  115000 A$2.00 11113750 D  
Common Stock 8/9/2022  X  20500 A$3.00 11134250 D  
Common Stock 8/9/2022  X  9600 A$2.50 11143850 D  
Common Stock 8/9/2022  X  54800 A$2.00 11198650 D  
Common Stock 8/10/2022  X  1700 A$3.00 11200350 D  
Common Stock 8/10/2022  X  30500 A$2.00 11230850 D  
Common Stock 8/10/2020  X  15000 A$2.00 11245850 D  
Common Stock 8/11/2022  X  37500 A$2.00 11283350 D  
Common Stock 8/11/2022  X  17400 A$2.00 11300750 D  
Common Stock 8/15/2022  X  500 A$2.50 11301250 D  
Common Stock 8/16/2022  X  5600 A$2.00 11306850 D  
Common Stock 8/16/2022  X  5000 A$2.00 11311850 D  
Common Stock 8/17/2022  X  158600 A$3.00 11470450 D  
Common Stock 8/17/2022  X  12500 A$2.00 11482950 D  
Common Stock 8/18/2022  X  7500 A$2.00 11490450 D  
Common Stock 8/19/2022  X  350300 A$2.00 11840750 D  
Common Stock 8/19/2022  X  324600 A$2.50 12165350 D  
Common Stock 8/19/2022  X  1066000 A$3.00 13231350 D  

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
Put Option (obligation to buy) $2.00 8/9/2022  X     1150   (1)8/19/2022 Common Stock 115000 $0.00 536100 D  
Put Option (obligation to buy) $3.00 8/9/2022  X     205   (1)8/19/2022 Common Stock 20500 $0.00 1226300 D  
Put Option (obligation to buy) $2.50 8/9/2022  X     96   (1)8/19/2022 Common Stock 9600 $0.00 325100 D  
Put Option (obligation to buy) $2.00 8/9/2022  X     548   (1)8/19/2022 Common Stock 54800 $0.00 481300 D  
Put Option (obligation to buy) $3.00 8/10/2022  X     17   (1)8/19/2022 Common Stock 1700 $0.00 1224600 D  
Put Option (obligation to buy) $2.00 8/10/2022  X     305   (1)8/19/2022 Common Stock 30500 $0.00 450800 D  
Put Option (obligation to buy) $2.00 8/10/2020  X     150   (1)8/19/2022 Common Stock 15000 $0.00 435800 D  
Put Option (obligation to buy) $2.00 8/11/2022  X     375   (1)8/19/2022 Common Stock 37500 $0.00 398300 D  
Put Option (obligation to buy) $2.00 8/11/2022  X     174   (1)8/19/2022 Common Stock 17400 $0.00 380900 D  
Put Option (obligation to buy) $2.50 8/15/2022  X     5   (1)8/19/2022 Common Stock 500 $0.00 324600 D  
Put Option (obligation to buy) $2.00 8/16/2022  X     56   (1)8/19/2022 Common Stock 5600 $0.00 375300 D  
Put Option (obligation to buy) $2.00 8/16/2022  X     50   (1)8/19/2022 Common Stock 5000 $0.00 370300 D  
Put Option (obligation to buy) $3.00 8/17/2022  X     1586   (1)8/19/2022 Common Stock 158600 $0.00 1066000 D  
Put Option (obligation to buy) $2.00 8/17/2022  X     125   (1)8/19/2022 Common Stock 12500 $0.00 357800 D  
Put Option (obligation to buy) $2.00 8/18/2022  X     75   (1)8/19/2022 Common Stock 7500 $0.00 350300 D  
Put Option (obligation to buy) $2.00 8/19/2022  X     3503   (1)8/19/2022 Common Stock 350300 $0.00 0 D  
Put Option (obligation to buy) $2.50 8/19/2022  X     3246   (1)8/19/2022 Common Stock 324600 $0.00 0 D  
Put Option (obligation to buy) $3.00 8/19/2022  X     10660   (1)8/19/2022 Common Stock 1066000 $0.00 0 D  

Explanation of Responses:
(1) These are put option contracts written by the Reporting Person which provide that the Reporting Person will be required to purchase shares of Common Stock at the stated strike price if the counterparty exercises such option. Exchange-traded options are immediately exercisable and remain exercisable until expiration.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
King Theodore Walker Cheng-De
UNIT 1502, 15TH FLOOR, 99 HENNESSY ROAD
WANCHAI, HONG KONG, K3 999077

X


Signatures
/s/ Theodore Walker Cheng-De King8/22/2022
**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.
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