Howard Spindel - Jan 9, 2023 Form 4 Insider Report for Pharma-Bio Serv, Inc. (PBSV)

Role
Director
Signature
/s/ Howard Spindel
Stock symbol
PBSV
Transactions as of
Jan 9, 2023
Transactions value $
$0
Form type
4
Date filed
1/11/2023, 03:15 PM
Previous filing
Jan 12, 2022
Next filing
Jan 9, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PBSV Common Stock Options Exercise $10.4K +20K $0.52 20K Jan 9, 2023 Direct
transaction PBSV Common Stock Tax liability -$10.4K -13.2K -65.83% $0.79 6.84K Jan 9, 2023 Direct F1
transaction PBSV Common Stock Gift $0 -6.84K -100% $0.00* 0 Jan 9, 2023 Direct F2
transaction PBSV Common Stock Gift $0 +6.84K +19.79% $0.00 41.4K Jan 9, 2023 By Spouse F2

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 PBSV Stock Option Options Exercise $0 -20K -100% $0.00* 0 Jan 9, 2023 Common Stock 20K $0.52 Direct F3
transaction PBSV Stock Option Award $0 +20K $0.00 20K Jan 10, 2023 Common Stock 20K $0.79 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the aggregate amount of shares of Common Stock withheld for a cashless exercise.
F2 This transaction involved a gift of securities by the reporting person to his spouse. The reporting person disclaims beneficial ownership of the shares held by his spouse, and this report should not be deemed an admission that the reporting person is the beneficial owner of his spouse's shares for purposes of Section 16 or for any other purpose.
F3 The option vested in two equal installments on July 10, 2017 and July 10, 2018.
F4 The option vests in two equal installments on July 10, 2023 and July 10, 2024.