Richard B. Hancock - 07 May 2023 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 2023
Net transactions value
$0
Form type
4
Filing time
09 May 2023, 19:35:08 UTC
Previous filing
02 May 2023
Next filing
08 Jun 2023
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 +13% 44,122 07 May 2023 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 -17% $0.000000 23,640 07 May 2023 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 The Restricted Stock Units granted to the reporting person on May 7, 2019, vested in four (4) equal annual installments beginning May 7, 2020 and each year thereafter until May 7, 2023.