4//SEC Filing
Richieri Richard A. 4
Accession 0001683168-25-000297
CIK 0000704562other
Filed
Jan 12, 7:00 PM ET
Accepted
Jan 13, 7:33 PM ET
Size
29.1 KB
Accession
0001683168-25-000297
Insider Transaction Report
Form 4
Richieri Richard A.
Chief Operations Officer
Transactions
- Sale
Common Stock, $0.001 par value
2025-01-10$12.37/sh−2,283$28,241→ 49,535 total - Disposition to Issuer
Restricted Stock Units
2025-01-09−2,995→ 59,212 total→ Common Stock (2,995 underlying) - Disposition to Issuer
Restricted Stock Units
2025-01-09−40→ 5,241 total(indirect: By Spouse)→ Common Stock (40 underlying) - Disposition to Issuer
Restricted Stock Units
2025-01-09−83→ 5,158 total(indirect: By Spouse)→ Common Stock (83 underlying) - Disposition to Issuer
Restricted Stock Units
2025-01-09−506→ 64,213 total→ Common Stock (506 underlying) - Disposition to Issuer
Restricted Stock Units
2025-01-09−946→ 63,267 total→ Common Stock (946 underlying) - Disposition to Issuer
Restricted Stock Units
2025-01-09−1,060→ 62,207 total→ Common Stock (1,060 underlying) - Exercise/Conversion
Common Stock, $0.001 par value
2025-01-09+464→ 8,985 total(indirect: By Spouse) - Exercise/Conversion
Common Stock, $0.001 par value
2025-01-09+5,507→ 51,818 total - Sale
Common Stock, $0.001 par value
2025-01-10$12.37/sh−200$2,474→ 8,785 total(indirect: By Spouse) - Disposition to Issuer
Restricted Stock Units
2025-01-09−132→ 5,026 total(indirect: By Spouse)→ Common Stock (132 underlying) - Disposition to Issuer
Restricted Stock Units
2025-01-09−209→ 4,817 total(indirect: By Spouse)→ Common Stock (209 underlying)
Footnotes (6)
- [F1]Each restricted stock unit ("RSU") represents the contingent right to receive, upon vesting, one share of the Issuer's Common Stock.
- [F2]Represents the shares sold by the reporting person and/or reporting person's spouse pursuant to a contractual election to satisfy tax withholding obligations in connection with the vesting and release of the RSUs described in footnotes 3, 4, 5 and 6. This sale does not represent a discretionary trade by the reporting person and/or the reporting person's spouse.
- [F3]RSUs granted to the reporting person and/or reporting person's spouse on July 9, 2021, vest in sixteen (16) equal quarterly installments over a four (4) year period beginning October 9, 2021, and each quarter thereafter until fully-vested, subject to continuous service to the Issuer on such vesting dates.
- [F4]RSUs granted to the reporting person and/or reporting person's spouse on July 9, 2022, vest in sixteen (16) equal quarterly installments over a four (4) year period beginning October 9, 2022, and each quarter thereafter until fully-vested, subject to continuous service to the Issuer on such vesting dates.
- [F5]RSUs granted to the reporting person and/or reporting person's spouse on July 9, 2023, vest in sixteen (16) equal quarterly installments over a four (4) year period beginning October 9, 2023, and each quarter thereafter until fully-vested, subject to continuous service to the Issuer on such vesting dates.
- [F6]RSUs granted to the reporting person and/or the reporting person's spouse on July 9, 2024, vest in sixteen (16) equal quarterly installments over a four (4) year period beginning October 9, 2024, and each quarter thereafter until fully-vested, subject to the reporting person's and/or the reporting person's spouse's continuous service to the Issuer on such vesting dates.
Documents
Issuer
Avid Bioservices, Inc.
CIK 0000704562
Entity typeother
Related Parties
1- filerCIK 0001976193
Filing Metadata
- Form type
- 4
- Filed
- Jan 12, 7:00 PM ET
- Accepted
- Jan 13, 7:33 PM ET
- Size
- 29.1 KB