0001683168-22-008224.txt : 20221206
0001683168-22-008224.hdr.sgml : 20221206
20221206194013
ACCESSION NUMBER: 0001683168-22-008224
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20221202
FILED AS OF DATE: 20221206
DATE AS OF CHANGE: 20221206
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: 221448899
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: 14191 MYFORD ROAD
CITY: TUSTIN
STATE: CA
ZIP: 92780
BUSINESS PHONE: 714.508.6100
MAIL ADDRESS:
STREET 1: 14191 MYFORD ROAD
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
2022-12-02
0
0000704562
Avid Bioservices, Inc.
CDMO
0001723288
Hancock Richard B
14191 MYFORD ROAD
TUSTIN
CA
92780
1
0
0
0
Common Stock, $0.001 par value
2022-12-02
4
M
0
10000
4.5300
A
46881
D
Common Stock, $0.001 par value
2022-12-02
4
S
0
10000
16.1122
D
36881
D
Stock Option (right to buy)
4.5300
2022-12-02
4
M
0
10000
0.0000
D
2026-05-07
Common Stock
10000
200887
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 7, 2022.
Represents a weighted average sales price per share. These shares were sold at prices ranging from $16.00 to $16.20. 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.
/s/ Stephen Hedberg, by Power of Attorney for Richard B. Hancock
2022-12-06