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Kwietniak Matthew R.'s Form 4 filing

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

Accession no.
0001683168-24-009025
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 10 derivative transactions. Open-market sales total $163.6K. 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
Kwietniak Matthew R.CIK 0001974519Officer (Chief Commercial 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+9,300–F2–34,707Direct
Dec 25, 2024Common Stock, $0.001 par valueMOption exerciseAcquired+29,479–F3–64,186Direct
Dec 26, 2024Common Stock, $0.001 par valueSSaleDisposed−3,225$12.22−$39,409.560,961Direct
Dec 26, 2024Common Stock, $0.001 par valueSSaleDisposed−10,165$12.22−$124,216.350,796Direct

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−1,005$0.00$074,107Direct
Dec 25, 2024Common StockDReturned to the companyDisposed−1,893$0.00$072,214Direct
Dec 25, 2024Common StockDReturned to the companyDisposed−1,908$0.00$070,306Direct
Dec 25, 2024Common StockDReturned to the companyDisposed−4,494$0.00$065,812Direct
Dec 25, 2024Common StockDReturned to the companyDisposed−6,725$0.00$0130,568Direct
Dec 25, 2024Common StockDReturned to the companyDisposed−6,725$0.00$0123,843Direct
Dec 25, 2024Common StockDReturned to the companyDisposed−6,782$0.00$0117,061Direct
Dec 25, 2024Common StockDReturned to the companyDisposed−6,782$0.00$0110,279Direct
Dec 25, 2024Common StockDReturned to the companyDisposed−15,972$0.00$094,307Direct
Dec 25, 2024Common StockDReturned to the companyDisposed−15,972$0.00$078,335Direct

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)