Thoma Jeanne 4
4 · Avid Bioservices, Inc. · Filed Dec 6, 2022
Insider Transaction Report
Form 4
Thoma Jeanne
Director
Transactions
- Exercise/Conversion
Restricted Stock Units
2022-12-03−1,537→ 6,169 total→ Common Stock (1,537 underlying) - Exercise/Conversion
Common Stock, $0.001 par value
2022-12-03+1,537→ 3,074 total
Footnotes (2)
- [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 on December 3, 2020, vest in three (3) equal annual installments beginning December 3, 2021 and each year thereafter until fully-vested, subject to the reporting person's continuous service to the Issuer on such vesting dates.