Lias Roger J. 4
4 · Avid Bioservices, Inc. · Filed May 3, 2018
Insider Transaction Report
Form 4
Lias Roger J.
DirectorPresident ***
Transactions
- Award
Stock Option (right to buy)
2018-05-01+50,000→ 200,000 totalExercise: $3.38From: 2018-09-25Exp: 2028-05-01→ Common Stock (50,000 underlying)
Footnotes (1)
- [F1]This option represents the balance of the approved stock option grant to Dr. Lias' upon commencement of employment on September 25, 2017 as reported by the Issuer in its Current Report on Form 8-K filed with the Commission on September 14, 2017. The option vests in four (4) equal installments with the first installment vesting on September 25, 2018, the one year anniversary of his employment start date, and annually thereafter until fully-vested.