BERMAN RICHARD J 4
4 · BIOVIE INC. · Filed Jan 7, 2025
Insider Transaction Report
Form 4
BIOVIE INC.BIVI
BERMAN RICHARD J
Director
Transactions
- Award
Common Stock
2024-11-20+34,200→ 40,643 total - Award
Stock Option (right to buy)
2024-12-20+23,155→ 23,155 totalExercise: $1.90Exp: 2029-12-20→ Common Stock (23,155 underlying)
Footnotes (2)
- [F1]Represents a restricted stock unit ("RSU") grant, which was approved by the compensation committee of the issuer's board of directors, subject to board approval, which was obtained on November 20, 2024. Each RSU represents a contingent right to receive one share of the issuer's Class A common stock. The RSUs vest in four equal installments on February 8, 2025, May 8, 2025, August 8, 2025 and the earlier of November 8, 2025 and the date of the issuer's 2025 annual shareholders' meeting.
- [F2]The options vest in three equal installments on December 20, 2024, December 20, 2025 and December 20, 2026.