Richard A. Richieri - Apr 9, 2024 Form 4 Insider Report for Avid Bioservices, Inc. (CDMO)

Role
Chief Operations Officer
Signature
/s/ Stephen Hedberg, by Power of Attorney for Richard A. Richieri
Stock symbol
CDMO
Transactions as of
Apr 9, 2024
Transactions value $
$0
Form type
4
Date filed
4/11/2024, 07:43 PM
Previous filing
Jan 11, 2024
Next filing
May 2, 2024

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 +506 +1.97% 26.1K Apr 9, 2024 Direct F1
transaction CDMO Common Stock, $0.001 par value Options Exercise +946 +3.62% 27.1K Apr 9, 2024 Direct F1
transaction CDMO Common Stock, $0.001 par value Options Exercise +1.06K +3.91% 28.1K Apr 9, 2024 Direct F1
transaction CDMO Common Stock, $0.001 par value Options Exercise +40 +0.77% 5.25K Apr 9, 2024 By Spouse F1
transaction CDMO Common Stock, $0.001 par value Options Exercise +83 +1.58% 5.33K Apr 9, 2024 By Spouse F1
transaction CDMO Common Stock, $0.001 par value Options Exercise +131 +2.46% 5.46K Apr 9, 2024 By Spouse 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 -506 -1.61% $0.00 30.9K Apr 9, 2024 Common Stock 506 Direct F1, F2
transaction CDMO Restricted Stock Units Options Exercise $0 -946 -3.06% $0.00 29.9K Apr 9, 2024 Common Stock 946 Direct F1, F3
transaction CDMO Restricted Stock Units Options Exercise $0 -1.06K -3.54% $0.00 28.9K Apr 9, 2024 Common Stock 1.06K Direct F1, F4
transaction CDMO Restricted Stock Units Options Exercise $0 -40 -1.31% $0.00 3.01K Apr 9, 2024 Common Stock 40 By Spouse F1, F2
transaction CDMO Restricted Stock Units Options Exercise $0 -83 -2.76% $0.00 2.92K Apr 9, 2024 Common Stock 83 By Spouse F1, F3
transaction CDMO Restricted Stock Units Options Exercise $0 -131 -4.48% $0.00 2.79K Apr 9, 2024 Common Stock 131 By Spouse F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") represents the contingent right to receive, upon vesting, one share of the Issuer's Common Stock.
F2 RSUs granted to the reporting person and/or the reporting person's spouse on July 9, 2021, vest in sixteen (16) equal quarterly installments over a four (4) year period beginning October 9, 2021, and each quarter thereafter until fully-vested, subject to the reporting person's continuous service to the Issuer on such vesting dates.
F3 RSUs granted to the reporting person and/or the reporting person's spouse on July 9, 2022, vest in sixteen (16) equal quarterly installments over a four (4) year period beginning October 9, 2022, and each quarter thereafter until fully-vested, subject to the reporting person's continuous service to the Issuer on such vesting dates.
F4 RSUs granted to the reporting person and/or the reporting person's spouse on July 9, 2023, vest in sixteen (16) equal quarterly installments over a four (4) year period beginning October 9, 2023, and each quarter thereafter until fully-vested, subject to the reporting person's continuous service to the Issuer on such vesting dates.