Mark R. Ziebell - Jun 17, 2022 Form 4 Insider Report for Avid Bioservices, Inc. (CDMO)

Role
V. P., General Counsel
Signature
/s/ Mark R. Ziebell
Stock symbol
CDMO
Transactions as of
Jun 17, 2022
Transactions value $
$21,148
Form type
4
Date filed
6/21/2022, 07:33 PM
Previous filing
Apr 12, 2022
Next filing
Jul 1, 2022

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 $21.1K +6.43K +79.33% $3.29 14.5K Jun 17, 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 Stock Option right to buy) Options Exercise $0 -6.43K -2.54% $0.00 246K Jun 17, 2022 Common Stock 6.43K $3.29 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the reporting person's cash exercise of a stock option without a subsequent sale of the underlying shares of common stock.
F2 Stock option granted to the reporting person on June 20, 2012 vested quarterly over a three (3) year period and was fully vested as of June 20, 2015.