0001683168-22-002375.txt : 20220405 0001683168-22-002375.hdr.sgml : 20220405 20220405194331 ACCESSION NUMBER: 0001683168-22-002375 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20220401 FILED AS OF DATE: 20220405 DATE AS OF CHANGE: 20220405 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: 22809009 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 2022-04-01 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 2022-04-01 4 M 0 5000 4.6700 A 40200 D Common Stock, $0.001 par value 2022-04-01 4 S 0 5000 21.2127 D 35200 D Stock Option (right to buy) 4.6700 2022-04-01 4 M 0 5000 0.0000 D 2027-11-27 Common Stock 5000 228887 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 $20.65 to $21.64. 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 November 27, 2017 vested monthly over a three (3) year period and was fully vested as of November 27, 2020. /s/ Stephen Hedberg, by Power of Attorney for Richard B. Hancock 2022-04-05