James Scopa - Feb 7, 2024 Form 4 Insider Report for Adverum Biotechnologies, Inc. (ADVM)

Role
Director
Signature
/s/ Peter Soparkar, Attorney-in-Fact
Stock symbol
ADVM
Transactions as of
Feb 7, 2024
Transactions value $
$135,000
Form type
4
Date filed
2/9/2024, 05:51 PM
Previous filing
Oct 27, 2023
Next filing
Feb 28, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ADVM Common Stock Purchase $135K +100K $1.35 100K Feb 7, 2024 Direct F1
holding ADVM Common Stock 3.33K Feb 7, 2024 By Trust F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares of the Issuer's common stock were purchased in the Issuer's private placement of common stock pursuant to a Securities Purchase Agreement, dated February 5, 2024, by and among the Issuer and the other purchaser named therein. The shares of common stock acquired were purchased at a price per share of $1.35.
F2 Shares are held directly by James Paul Scopa and Anne Eunice Kenner, as Trustees of The James P. Scopa and Anne E. Kenner Family Trust.