SEC Form 4 · accession 0001493152-16-009794
Advaxis, Inc. · ADXS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas J McKearn
Director
Period of report
May 13, 2016
Accepted (ET)
May 13, 2016 · 6:00 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001100397
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | May 13, 2016 | S | 4,100 | $7.45 | D | 82,120 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The reporting person sold shares to cover their estimated tax obligation in connection with recent award vestings.
- F2Reflects the weighted average sale price. The range of prices for such transaction is $7.45 to $7.46. The reporting person effected multiple same-way open market sale transactions on the same day at different prices through a trade order executed by a broker-dealer. The reporting person reported on a single line all such transactions that occurred within a one dollar price range. The reporting person hereby undertakes to provide upon request by the Securities Exchange Commission staff, the issuer, or a shareholder of the issuer, full information regarding the number of shares sold at each separate price.