Howard Spindel - Jan 5, 2024 Form 4 Insider Report for Pharma-Bio Serv, Inc. (PBSV)

Role
Director
Signature
/s/ Howard Spindel
Stock symbol
PBSV
Transactions as of
Jan 5, 2024
Transactions value $
$0
Form type
4
Date filed
1/9/2024, 08:16 PM
Previous filing
Jan 11, 2023
Next filing
Jan 12, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PBSV Common Stock Options Exercise $20K +20K $1.00 20K Jan 5, 2024 Direct
transaction PBSV Common Stock Tax liability -$20K -18.9K -94.34% $1.06 1.13K Jan 5, 2024 Direct F1
transaction PBSV Common Stock Gift $0 -1.13K -100% $0.00* 0 Jan 5, 2024 Direct F2
transaction PBSV Common Stock Gift $0 +1.13K +2.74% $0.00 42.5K Jan 5, 2024 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 5, 2024 Common Stock 20K $1.00 Direct F3
* 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, 2019 and July 10, 2020.