Home > Insider Trading > Filing (0001683168-20-002273)

Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
704562	Avid Bioservices Inc.	CDMO	Pharmaceutical Preparations (2834)	953698422

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1346342	R Daniel Hart	2642 Michelle Drive, Suite 200 Tustin CA 92780	Chief Financial Officer	No	Yes	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock, $0.001 Par Value	Acquisiton	2020-07-10	5,866	$0.00	20,039	No	4	M	Direct
Common Stock, $0.001 Par Value	Disposition	2020-07-13	2,056	$6.88	17,983	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	M	Direct
No	4	S	Direct

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Restricted Stock Units	Disposition	2020-07-10	5,866	$0.00	5,866	$0.00
Common Stock	Stock Option (right to buy)	Acquisiton	2020-07-10	71,120	$0.00	71,120	$6.95
Common Stock	Restricted Stock Units	Acquisiton	2020-07-10	19,425	$0.00	19,425	$0.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
17,599			No	4	M	Direct
232,880	2021-07-10	2027-07-10	No	4	A	Direct
37,024	2021-07-10		No	4	A	Direct

Footnotes

Each Restricted Stock Unit ("RSU") represents the contingent right to receive, upon vesting, one share of the Issuer's Common Stock.
Represents the shares automatically sold by the reporting person pursuant to an election to satisfy tax withholding obligations in connection with the vesting of the RSUs described in footnote 3. This sale does not represent a discretionary trade by the reporting person.
RSUs granted to the reporting person on July 10, 2019, vest at the rate of 25% on each anniversary of the date of grant until fully-vested, subject to the reporting person's continuous service to the Issuer on such vesting dates.
Stock Options granted to the reporting person on July 10, 2020, vest at the rate of 25% on each anniversary of the date of grant until fully-vested, subject to the reporting person's continuous service to the Issuer on such vesting dates.
RSUs granted to the reporting person on July 10, 2020, vest at the rate of 25% on each anniversary of the date of grant until fully-vested, subject to the reporting person's continuous service to the Issuer on such vesting dates.