Howard Spindel - 09 Jan 2023 Form 4 Insider Report for Pharma-Bio Serv, Inc. (PBSV)

Role
Director
Signature
/s/ Howard Spindel
Issuer symbol
PBSV
Transactions as of
09 Jan 2023
Net transactions value
-$0.35
Form type
4
Filing time
11 Jan 2023, 15:15:18 UTC
Previous filing
12 Jan 2022
Next filing
09 Jan 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PBSV Common Stock Options Exercise $10,400 +20,000 $0.5200 20,000 09 Jan 2023 Direct
transaction PBSV Common Stock Tax liability $10,400 -13,165 -66% $0.7900 6,835 09 Jan 2023 Direct F1
transaction PBSV Common Stock Gift $0 -6,835 -100% $0.000000* 0 09 Jan 2023 Direct F2
transaction PBSV Common Stock Gift $0 +6,835 +20% $0.000000 41,372 09 Jan 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 -20,000 -100% $0.000000* 0 09 Jan 2023 Common Stock 20,000 $0.5200 Direct F3
transaction PBSV Stock Option Award $0 +20,000 $0.000000 20,000 10 Jan 2023 Common Stock 20,000 $0.7900 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.