SIGMUND ROGICH - 09 Nov 2023 Form 4 Insider Report for BIOVIE INC. (BIVI)

Role
Director
Signature
/S/ SIGMUND ROGICH
Issuer symbol
BIVI
Transactions as of
09 Nov 2023
Net transactions value
$0
Form type
4
Filing time
06 Dec 2023, 16:16:06 UTC
Previous filing
18 Jan 2023
Next filing
07 Jan 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BIVI Common Stock Award $0 +42,254 $0.000000 42,254 09 Nov 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The restricted stock unit ("RSU") grant was approved by the compensation committee of the issuer's board of directors on September 22, 2023, subject to board approval, which was obtained on November 9, 2023. Each RSU represents a contingent right to receive one share of the issuer's Class A common stock. The RSUs vest in four equal installments beginning on February 9, 2024, with the remaining installments vesting on May 9, 2024, August 9, 2024 and the earlier of November 9, 2024 or the date of the issuer's 2024 annual shareholders' meeting.