SEC Form 4 · accession 0001019687-15-001883
Avid Bioservices, Inc. · CDMO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Shelley PM Fussey
Officer — V.P., Intellectual Property
Period of report
May 11, 2015
Accepted (ET)
May 12, 2015 · 8:02 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000704562
Table I — non-derivative securities
No Table I lines on this filing.
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)F1 | $1.31 | May 11, 2015 | A | 75,000 | A | Aug 11, 2015 | May 11, 2025 | Common Stock | 75,000 | 743,000 | D |
Explanation of responses
- F1This option vests in eight (8) equal quarterly installments over a two (2) year period beginning August 11, 2015 and each quarter thereafter until fully-vested.