Michael Edward Sherman - 05 Apr 2022 Form 4 Insider Report for BIOVIE INC. (BIVI)

Role
Director
Signature
/s/ Michael Sherman
Issuer symbol
BIVI
Transactions as of
05 Apr 2022
Net transactions value
$0
Form type
4
Filing time
20 Apr 2022, 21:45:11 UTC
Previous filing
05 Jan 2022
Next filing
31 Aug 2022
SEC
View on sec.gov

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 BIVI Stock Option (Right to buy) Award $0 +130,150 $0.000000 130,150 05 Apr 2022 Common Stock 130,150 $5.04 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Options granted pursuant to the Company's 2019 Omnibus Equity Incentive Plan.
F2 The options were 25% vested upon grant, with the remaining 75% vesting ratably over a three-year period on each anniversary of the grant date.

Remarks:

Exhibit List: Exhibit 24 - Power of Attorney