Richard A. Richieri - Dec 29, 2023 Form 4 Insider Report for Avid Bioservices, Inc. (CDMO)

Signature
/s/ Stephen Hedberg, by Power of Attorney for Richard A. Richieri
Stock symbol
CDMO
Transactions as of
Dec 29, 2023
Transactions value $
$9,857
Form type
4
Date filed
1/3/2024, 07:55 PM
Previous filing
Oct 11, 2023
Next filing
Jan 11, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CDMO Common Stock, $0.001 par value Other $4.93K +892 +3.83% $5.53 24.2K Dec 29, 2023 Direct F1
transaction CDMO Common Stock, $0.001 par value Other $4.93K +892 +21.36% $5.53 5.07K Dec 29, 2023 By Spouse F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares purchased under the issuer's Employee Stock Purchase Plan ("ESPP") for the ESPP offering period July 1, 2023 through December 31, 2023. In accordance with the ESPP, these shares were purchased at a price equal to 85% of the closing price of the issuer's common stock on December 29, 2023.