Hancock Richard B 4
4 · Avid Bioservices, Inc. · Filed Jul 12, 2023
Insider Transaction Report
Form 4
Hancock Richard B
Director
Transactions
- Exercise/Conversion
Restricted Stock Units
2023-07-10−7,014→ 16,626 total→ Common Stock (7,014 underlying) - Exercise/Conversion
Common Stock, $0.001 par value
2023-07-10+7,014→ 46,148 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 July 10, 2020, vest in four (4) equal annual installments beginning July 10, 2021, and each year thereafter until fully-vested, subject to the reporting person's continuous service to the Issuer on such vesting dates.