MACKEY CATHERINE J 4
4 · Avid Bioservices, Inc. · Filed Dec 18, 2023
Insider Transaction Report
Form 4
MACKEY CATHERINE J
Director
Transactions
- Exercise/Conversion
Restricted Stock Units
2023-12-14−9,612→ 0 total→ Common Stock (9,612 underlying) - Exercise/Conversion
Common Stock, $0.001 par value
2023-12-14+9,612→ 16,623 total - Award
Restricted Stock Units
2023-12-14+26,756→ 26,756 total→ Common Stock (26,756 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, 2022 pursuant to the Issuer's non-employee director compensation program fully vested on December 14, 2023.
- [F3]Annual equity award grant pursuant to the Issuer's non-employee director compensation program.
- [F4]RSUs granted to the reporting person on December 14, 2023 shall fully vest on December 14, 2024, subject to the reporting person's continuous service to the Issuer on such vesting date.