Michael Edward Sherman - 20 Nov 2024 Form 4 Insider Report for BIOVIE INC. (BIVI)

Role
Director
Signature
/S/ MICHAEL SHERMAN
Issuer symbol
BIVI
Transactions as of
20 Nov 2024
Net transactions value
$0
Form type
4
Filing time
07 Jan 2025, 17:21:05 UTC
Previous filing
12 Sep 2024
Next filing
06 Jan 2025
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 +56,900 $0.000000 56,900 20 Nov 2024 Common Stock 56,900 $3.36 Direct F1
transaction BIVI Stock Option (right to buy) Award $0 +23,325 $0.000000 23,325 20 Dec 2024 Common Stock 23,325 $1.90 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The options vest in four equal installments on February 8, 2025, May 8, 2025, August 8, 2025 and the earlier of November 8, 2025 and the date of the issuer's 2025 annual shareholders' meeting.
F2 The options vest in three equal installments on December 20, 2024, December 20, 2025 and December 20, 2026.