SEARS SAMUEL P JR 4
4 · BIODELIVERY SCIENCES INTERNATIONAL INC · Filed Nov 17, 2017
Insider Transaction Report
Form 4
SEARS SAMUEL P JR
Director
Transactions
- Sale
Common Stock
2017-11-15$2.25/sh−12,000$27,000→ 82,863 total
Footnotes (2)
- [F1]The shares of Issuer's Common Stock were sold pursuant to a pre-planned 10b5-1 plan to cover the Reporting Person's tax liability upon the vesting of RSUs in August 2017.
- [F2]On November 15, 2017, the Reporting Person sold an aggregate of 12,000 shares of the Issuer's Common Stock at a weighted average price of $2.25 per share. The highest sale price for the Common Stock was $2.35 per share and the lowest sale price was $2.15 per share. The Reporting Person undertakes to provide the Company, any security holder of the Company or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.