Hancock Richard B 4
4 · Avid Bioservices, Inc. · Filed Dec 17, 2024
Insider Transaction Report
Form 4
Hancock Richard B
Director
Transactions
- Exercise/Conversion
Common Stock, $0.001 par value
2024-12-14+26,756→ 144,319 total - Exercise/Conversion
Restricted Stock Units
2024-12-14−26,756→ 7,014 total→ Common Stock (26,756 underlying) - Award
Restricted Stock Units
2024-12-14+8,147→ 15,161 total→ Common Stock (8,147 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, 2023 pursuant to the Issuer's non-employee director compensation program fully vested on December 14, 2024.
- [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, 2024 shall fully vest on December 14, 2025, subject to the reporting person's continuous service to the Issuer on such vesting date.