Richard J. Berman - Nov 20, 2024 Form 4 Insider Report for BIOVIE INC. (BIVI)

Role
Director
Signature
/S/ RICHARD J BERMAN
Stock symbol
BIVI
Transactions as of
Nov 20, 2024
Transactions value $
$0
Form type
4
Date filed
1/7/2025, 05:24 PM
Previous filing
Aug 28, 2024
Next filing
Jan 6, 2025

Transactions Table

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 +23.2K $0.00 23.2K Dec 20, 2024 Common Stock 23.2K $1.90 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a restricted stock unit ("RSU") grant, which was approved by the compensation committee of the issuer's board of directors, subject to board approval, which was obtained on November 20, 2024. 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 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.