Thoma Jeanne 4
4 · Avid Bioservices, Inc. · Filed Dec 16, 2022
Insider Transaction Report
Form 4
Thoma Jeanne
Director
Transactions
- Exercise/Conversion
Common Stock, $0.001 par value
2022-12-14+4,632→ 7,706 total - Exercise/Conversion
Restricted Stock Units
2022-12-14−4,632→ 1,537 total→ Common Stock (4,632 underlying) - Award
Restricted Stock Units
2022-12-14+9,612→ 11,149 total→ Common Stock (9,612 underlying)
Footnotes (4)
- [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 14, 2021 pursuant to the Issuer's non-employee director compensation program which fully vested on December 14, 2022.
- [F3]Annual equity award grant pursuant to the Issuer's non-employee director compensation program.
- [F4]The RSUs granted to the reported person on December 14, 2022 shall fully vest on December 14, 2023, subject to the reporting person's continuous service to the Issuer on such vesting date.