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4//SEC Filing

Ozden Rabia Gurses 4

Accession 0001415889-25-005834

CIK 0001501756other

Filed

Feb 26, 7:00 PM ET

Accepted

Feb 27, 4:05 PM ET

Size

8.0 KB

Accession

0001415889-25-005834

Insider Transaction Report

Form 4
Period: 2025-02-25
Ozden Rabia Gurses
Chief Medical Officer
Transactions
  • Award

    Common Stock

    2025-02-25+8,1258,125 total
  • Award

    Stock Option (Right to Buy)

    2025-02-25+48,75048,750 total
    Exercise: $4.20Exp: 2035-02-24Common Stock (48,750 underlying)
Footnotes (2)
  • [F1]Represents shares of Common Stock issuable upon settlement of a restricted stock unit ("RSU") grant that will vest as to one-third (1/3rd) of the total number of shares subject to this award on each anniversary of March 1, 2025 (the "Vesting Commencement Date"), so that all of the shares subject to the RSUs are vested on the third (3rd) annual anniversary of the Vesting Commencement Date, subject to the Reporting Person's continued service with the Issuer on each vesting date.
  • [F2]Twenty-five percent (25%) of the total number shares subject to the Option shall vest and become exercisable one year after the Vesting Commencement Date, and one-forty-eighth (1/48th) of the total number of shares subject to the Option shall vest and become exercisable each month thereafter, so that all of the shares subject to the Option are vested and exercisable on the fourth (4th) anniversary of the Vesting Commencement Date, subject to the Reporting Person's continued service with the Issuer on each vesting date.

Issuer

Adverum Biotechnologies, Inc.

CIK 0001501756

Entity typeother

Related Parties

1
  • filerCIK 0001814883

Filing Metadata

Form type
4
Filed
Feb 26, 7:00 PM ET
Accepted
Feb 27, 4:05 PM ET
Size
8.0 KB