Filing Details
- Accession Number:
- 0001683168-25-000297
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2025-01-13 19:33:16
- Reporting Period:
- 2025-01-09
- Accepted Time:
- 2025-01-13 19:33:16
- SEC Url:
- Form 4 Filing
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 |
|---|---|---|---|---|---|---|---|
| 1976193 | A. Richard Richieri | 14191 Myford Road Tustin CA 92780 | Chief Operations 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 | 2025-01-09 | 5,507 | $0.00 | 51,818 | No | 4 | M | Direct | |
| Common Stock, $0.001 Par Value | Disposition | 2025-01-10 | 2,283 | $12.37 | 49,535 | No | 4 | S | Direct | |
| Common Stock, $0.001 Par Value | Acquisiton | 2025-01-09 | 464 | $0.00 | 8,985 | No | 4 | M | Indirect | By Spouse |
| Common Stock, $0.001 Par Value | Disposition | 2025-01-10 | 200 | $12.37 | 8,785 | No | 4 | S | Indirect | By Spouse |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | M | Indirect | By Spouse |
| No | 4 | S | Indirect | By Spouse |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Restricted Stock Units | Disposition | 2025-01-09 | 506 | $0.00 | 506 | $0.00 |
| Common Stock | Restricted Stock Units | Disposition | 2025-01-09 | 946 | $0.00 | 946 | $0.00 |
| Common Stock | Restricted Stock Units | Disposition | 2025-01-09 | 1,060 | $0.00 | 1,060 | $0.00 |
| Common Stock | Restricted Stock Units | Disposition | 2025-01-09 | 2,995 | $0.00 | 2,995 | $0.00 |
| Common Stock | Restricted Stock Units | Disposition | 2025-01-09 | 40 | $0.00 | 40 | $0.00 |
| Common Stock | Restricted Stock Units | Disposition | 2025-01-09 | 83 | $0.00 | 83 | $0.00 |
| Common Stock | Restricted Stock Units | Disposition | 2025-01-09 | 132 | $0.00 | 132 | $0.00 |
| Common Stock | Restricted Stock Units | Disposition | 2025-01-09 | 209 | $0.00 | 209 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 64,213 | No | 4 | D | Direct | ||
| 63,267 | No | 4 | D | Direct | ||
| 62,207 | No | 4 | D | Direct | ||
| 59,212 | No | 4 | D | Direct | ||
| 5,241 | No | 4 | D | Indirect | ||
| 5,158 | No | 4 | D | Indirect | ||
| 5,026 | No | 4 | D | Indirect | ||
| 4,817 | No | 4 | D | Indirect |
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 sold by the reporting person and/or reporting person's spouse pursuant to a contractual election to satisfy tax withholding obligations in connection with the vesting and release of the RSUs described in footnotes 3, 4, 5 and 6. This sale does not represent a discretionary trade by the reporting person and/or the reporting person's spouse.
- RSUs granted to the reporting person and/or reporting person's spouse on July 9, 2021, vest in sixteen (16) equal quarterly installments over a four (4) year period beginning October 9, 2021, and each quarter thereafter until fully-vested, subject to continuous service to the Issuer on such vesting dates.
- RSUs granted to the reporting person and/or reporting person's spouse on July 9, 2022, vest in sixteen (16) equal quarterly installments over a four (4) year period beginning October 9, 2022, and each quarter thereafter until fully-vested, subject to continuous service to the Issuer on such vesting dates.
- RSUs granted to the reporting person and/or reporting person's spouse on July 9, 2023, vest in sixteen (16) equal quarterly installments over a four (4) year period beginning October 9, 2023, and each quarter thereafter until fully-vested, subject to continuous service to the Issuer on such vesting dates.
- RSUs granted to the reporting person and/or the reporting person's spouse on July 9, 2024, vest in sixteen (16) equal quarterly installments over a four (4) year period beginning October 9, 2024, and each quarter thereafter until fully-vested, subject to the reporting person's and/or the reporting person's spouse's continuous service to the Issuer on such vesting dates.
Billionaire Hedge Funds
