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Hart Daniel R's Form 4 filing

Avid Bioservices, Inc. (CDMO) · filed Dec 27, 2024

Accession no.
0001683168-24-009024
Filed
Dec 27, 2024
Trade date
Dec 25-26, 2024
Filing delay
2 days
Rule 10b5-1 plan
Not checked

This filing lists 4 non-derivative transactions and 7 derivative transactions. Open-market sales total $278.8K. It was filed 2 days after the trade.

Reporting owners

A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.

Reporting owners on this filing
OwnerRelationship to the company
Hart Daniel RCIK 0001346342Officer (Chief Financial Officer)

Non-derivative securities (Table I)

Acquisitions and disposals of common stock and similar shares, one row per line on the filing.

Non-derivative transactions
Trade dateSecurityTransactionSharesPriceValueShares afterOwnershipFlags
Dec 25, 2024Common Stock, $0.001 par valueMOption exerciseAcquired+4,279–F2–88,465Direct
Dec 25, 2024Common Stock, $0.001 par valueMOption exerciseAcquired+45,328–F3–133,793Direct
Dec 26, 2024Common Stock, $0.001 par valueSSaleDisposed−1,968$12.22−$24,048.96131,825Direct
Dec 26, 2024Common Stock, $0.001 par valueSSaleDisposed−20,845$12.22−$254,725.9110,980Direct

Derivative securities (Table II)

Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.

Derivative transactions
Trade dateSecurityTransactionUnderlying sharesUnit priceValueHeld afterOwnershipFlags
Dec 25, 2024Common StockDReturned to the companyDisposed−4,279$0.00$0123,096Direct
Dec 25, 2024Common StockDReturned to the companyDisposed−11,208$0.00$0196,266Direct
Dec 25, 2024Common StockDReturned to the companyDisposed−11,208$0.00$0185,058Direct
Dec 25, 2024Common StockDReturned to the companyDisposed−11,303$0.00$0173,755Direct
Dec 25, 2024Common StockDReturned to the companyDisposed−11,304$0.00$0162,451Direct
Dec 25, 2024Common StockDReturned to the companyDisposed−22,817$0.00$0139,634Direct
Dec 25, 2024Common StockDReturned to the companyDisposed−22,818$0.00$0116,816Direct

Footnotes and remarks

Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.

F2

Each restricted stock unit ("RSU") represents the contingent right to receive, upon vesting, one share of the Issuer's Common Stock.

Referenced by the price of 1 transaction in Table I.

F3

Each performance stock unit ("PSU") represents the contingent right to receive, upon vesting, one share of the Issuer's Common Stock.

Referenced by the price of 1 transaction in Table I.

Read the full filing on SEC EDGAR (opens in a new tab)