SEC Form 4 · accession 0001140361-15-014738
Adverum Biotechnologies, Inc. · ADVM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Hans Hull
Officer — SVP, Business Operations
Period of report
Apr 7, 2015
Accepted (ET)
Apr 8, 2015 · 4:32 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001501756
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Apr 7, 2015 | M | 27,500 | $0.19 | A | 30,820 | D | |
| Common StockF2 | Apr 7, 2015 | S | 26,613 | $38.5874 | D | 4,207 | D | |
| Common StockF3 | Apr 7, 2015 | S | 887 | $39.0603 | D | 3,320 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F4 | $0.19 | Apr 7, 2015 | M | 27,500 | D | — | Feb 23, 2022 | Common Stock | 27,500 | 27,500 | D |
Explanation of responses
- F1Transaction made pursuant to a 10b5-1 trading plan adopted by the Reporting Person.
- F2This transaction was executed in multiple trades in prices ranging from $38.02 to $39.00, inclusive. The price reported in Column 4 above reflects the weighted average sales price. The Reporting Person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote.
- F3This transaction was executed in multiple trades in prices ranging from $39.025 to $39.16, inclusive. The price reported in Column 4 above reflects the weighted average sales price. The Reporting Person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote.
- F4The shares subject to the option vest and become exercisable in 48 successive, equal monthly installments on each monthly anniversary of February 1, 2012, subject to the Reporting Person's continued employment or service relationship with the Issuer on each such vesting date.