Richard B. Hancock - 07 May 2022 Form 4 Insider Report for Avid Bioservices, Inc.

Role
Director
Signature
/s/ Stephen Hedberg, by Power of Attorney for Richard B. Hancock
Issuer symbol
N/A
Transactions as of
07 May 2022
Net transactions value
$0
Form type
4
Filing time
10 May 2022, 20:07:33 UTC
Previous filing
05 Apr 2022
Next filing
28 Jun 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CDMO Common Stock, $0.001 par value Options Exercise +4,988 +14% 40,188 07 May 2022 Direct F1

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 CDMO Restricted Stock Units Options Exercise $0 -4,988 -14% $0.000000 30,662 07 May 2022 Common Stock 4,988 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Restricted Stock Unit represents the contingent right to receive, upon vesting, one share of the Issuer's Common Stock.
F2 Restricted Stock Units granted to the reporting person on May 7, 2019, vest at the rate of 25% on each anniversary of the date of grant until fully-vested, subject to the reporting person's continuous service to the Issuer on such vesting dates.