Patrick Machado - May 12, 2021 Form 4 Insider Report for Adverum Biotechnologies, Inc. (ADVM)

Role
Director
Signature
Patrick Machado, by /s/ Ron A. Metzger, Attorney-in-Fact
Stock symbol
ADVM
Transactions as of
May 12, 2021
Transactions value $
$0
Form type
4
Date filed
5/14/2021, 08:01 PM
Next filing
Jun 4, 2021

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ADVM Stock Option (Right to Buy) Award $0 +40 K $0.00 40 K May 12, 2021 Common Stock 40 K $3.70 Direct F1
transaction ADVM Stock Option (Right to Buy) Award $0 +12.5 K $0.00 12.5 K May 12, 2021 Common Stock 12.5 K $3.70 Direct F1

Explanation of Responses:

Id Content
F1 The shares subject to the option will vest on the earlier of May 12, 2022 or the 2022 annual meeting of stockholders, subject to (1) accelerated vesting upon a change of control and (2) the Reporting Person's continued service with the Issuer on the vesting date.