0001683168-21-006099.txt : 20211203
0001683168-21-006099.hdr.sgml : 20211203
20211203191238
ACCESSION NUMBER: 0001683168-21-006099
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20211201
FILED AS OF DATE: 20211203
DATE AS OF CHANGE: 20211203
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Hancock Richard B
CENTRAL INDEX KEY: 0001723288
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-32839
FILM NUMBER: 211471591
MAIL ADDRESS:
STREET 1: 14282 FRANKLIN AVE.
CITY: TUSTIN
STATE: CA
ZIP: 92780
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Avid Bioservices, Inc.
CENTRAL INDEX KEY: 0000704562
STANDARD INDUSTRIAL CLASSIFICATION: PHARMACEUTICAL PREPARATIONS [2834]
IRS NUMBER: 953698422
STATE OF INCORPORATION: DE
FISCAL YEAR END: 0430
BUSINESS ADDRESS:
STREET 1: 2642 MICHELLE DRIVE, SUITE 200
CITY: TUSTIN
STATE: CA
ZIP: 92780
BUSINESS PHONE: 714.508.6100
MAIL ADDRESS:
STREET 1: 2642 MICHELLE DRIVE, SUITE 200
CITY: TUSTIN
STATE: CA
ZIP: 92780
FORMER COMPANY:
FORMER CONFORMED NAME: PEREGRINE PHARMACEUTICALS INC
DATE OF NAME CHANGE: 20001109
FORMER COMPANY:
FORMER CONFORMED NAME: TECHNICLONE CORP/DE/
DATE OF NAME CHANGE: 19970924
FORMER COMPANY:
FORMER CONFORMED NAME: TECHNICLONE INTERNATIONAL CORP
DATE OF NAME CHANGE: 19920703
4
1
ownership.xml
X0306
4
2021-12-01
0
0000704562
Avid Bioservices, Inc.
CDMO
0001723288
Hancock Richard B
2642 MICHELLE DRIVE, SUITE 200
TUSTIN
CA
92780
1
0
0
0
Common Stock, $0.001 par value
2021-12-01
4
M
0
5000
4.5300
A
37821
D
Common Stock, $0.001 par value
2021-12-01
4
S
0
5000
30.9018
D
32821
D
Stock Option (right to buy)
4.5300
2021-12-01
4
M
0
5000
0.0000
D
2026-05-07
Common Stock
5000
248887
D
The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on October 15, 2021.
Represents a weighted average sales price per share. These shares were sold at prices ranging from $30.65 to $31.30. The Reporting Person has provided to the Issuer, and hereby undertakes to provide the SEC staff or a security holder of the Issuer, upon request, information regarding the number of shares sold at each respective price within the range set forth in this footnote.
Stock option granted to the reporting person on May 7, 2019, vests in four (4) equal annual installments beginning May 7, 2020 and each year thereafter until fully-vested, subject to the reporting person's continuous service to the Issuer on such vesting dates.
/s/ Stephen Hedberg, by Power of Attorney for Richard B. Hancock
2021-12-03