SEC Form 4 · accession 0001683168-17-002734
Avid Bioservices, Inc. · CDMO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark R Bamforth
Director
Period of report
Oct 17, 2017
Accepted (ET)
Oct 24, 2017 · 5:22 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 | $3.88 | Oct 17, 2017 | A | 75,000 | A | Nov 17, 2017 | Oct 17, 2027 | Common Stock | 75,000 | 75,000 | D |
Explanation of responses
- F1This option vests in thirty-six (36) equal monthly installments over a three (3) year period beginning November 17, 2017 and each month thereafter until fully-vested.