0000899243-18-009681.txt : 20180406 0000899243-18-009681.hdr.sgml : 20180406 20180406180114 ACCESSION NUMBER: 0000899243-18-009681 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20180403 FILED AS OF DATE: 20180406 DATE AS OF CHANGE: 20180406 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: De Paolantonio Ernest Robert CENTRAL INDEX KEY: 0001588538 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-31361 FILM NUMBER: 18744148 MAIL ADDRESS: STREET 1: 4131 PARKLAKE AVENUE SUITE 225 CITY: RALEIGH STATE: NC ZIP: 27612 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: BIODELIVERY SCIENCES INTERNATIONAL INC CENTRAL INDEX KEY: 0001103021 STANDARD INDUSTRIAL CLASSIFICATION: PHARMACEUTICAL PREPARATIONS [2834] IRS NUMBER: 352089858 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 4131 PARKLAKE AVENUE STREET 2: SUITE 225 CITY: RALEIGH STATE: NC ZIP: 27612 BUSINESS PHONE: 919 582 9050 MAIL ADDRESS: STREET 1: 4131 PARKLAKE AVENUE STREET 2: SUITE 225 CITY: RALEIGH STATE: NC ZIP: 27612 FORMER COMPANY: FORMER CONFORMED NAME: MAS ACQUISITION XXIII CORP DATE OF NAME CHANGE: 20000111 4 1 doc4.xml FORM 4 SUBMISSION X0306 4 2018-04-03 0 0001103021 BIODELIVERY SCIENCES INTERNATIONAL INC BDSI 0001588538 De Paolantonio Ernest Robert C/O BIODELIVERY SCIENCES INTL, INC., 4131 PARKLAKE AVE. SUITE 225 RALEIGH NC 27612 0 1 0 0 CFO, Secretary and Treasurer Common Stock 2018-04-03 4 A 0 1267 0.00 A 97731 D Common Stock 2018-04-03 4 M 0 34391 0.00 A 132122 D Common Stock 2018-04-03 4 M 0 30000 0.00 A 162122 D Common Stock 2018-04-03 4 M 0 31667 0.00 A 193789 D Common Stock 2018-04-03 4 M 0 27075 0.00 A 220864 D Common Stock 2018-04-05 4 S 0 30900 2.12 D 189864 D Common Stock 2018-04-06 4 S 0 33255 2.06 D 156709 D Restricted Stock Units 0.00 2018-04-03 4 A 0 1267 0.00 D 2018-04-03 Common Stock 1267 0 D Restricted Stock Units 0.00 2018-04-03 4 M 0 34391 0.00 D 2018-04-03 Common Stock 34391 0 D Restricted Stock Units 0.00 2018-04-03 4 M 0 30000 0.00 D 2019-03-01 Common Stock 30000 30000 D Restricted Stock Units 0.00 2018-04-03 4 M 0 31667 0.00 D 2020-02-06 Common Stock 31667 63333 D Restricted Stock Units 0.00 2018-04-03 4 A 0 27075 0.00 D 2020-02-06 Common Stock 27075 0 D The shares of common stock were acquired by the Reporting Person as a result of the vesting of Restricted Stock Units ("RSUs") granted to the Reporting Person under the Issuer's Long-Term Incentive Plan. The shares of common stock were acquired by the Reporting Person as a result of the vesting of one-third of the RSUs granted to the Reporting Person on February 23, 2015, pursuant to a grant under the Issuer's 2011 Equity Incentive Plan, as amended (the "EIP"). Upon vesting, each RSU entitles the Reporting Person to one share of the Issuer's common stock. The shares of common stock were acquired by the Reporting Person as a result of the vesting of one-third of the RSUs that were granted to the Reporting Person on February 29, 2016, pursuant to a grant under the EIP. The remainder of the RSUs under this grant will vest on March 1, 2019. The shares of common stock were acquired by the Reporting Person as a result of the vesting of one-third of the RSUs granted to the Reporting Person on February 6, 2017 under the EIP. The remainder of the RSUs under this grant will vest in equal portions after the first open window upon the filing of the Company's Annual Report in March 2019 and March 2020. The shares of common stock were acquired by the Reporting Person as a result of the vesting of one-third of the performance-based RSUs ("Performance RSUs") granted to the Reporting Person on February 6, 2017 under the EIP subject to certain performance measures. The remainder of the Performance RSUs under this grant will vest, in equal amounts, but subject to certain performance measures, after the first open window upon the filing of the Company's Annual Report in March 2019 and March 2020. The shares of common stock were sold by the Reporting Person upon expiration of a pre-planned 10b5-1 trading plan and were sold to cover the Reporting Person's additional tax liability upon the vesting of the Reporting Person's RSUs. On April 5, 2018, the Reporting Person sold an aggregate of 30,900 shares of the Issuer's Common Stock at a weighted average price of $2.12 per share. The highest sale price for the Common Stock was $2.15 per share and the lowest sale price was $2.08 per share. The Reporting Person undertakes to provide the Company, any security holder of the Company or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. On April 6, 2018, the Reporting Person sold an aggregate of 33,255 shares of the Issuer's Common Stock at a weighted average price of $2.06 per share. The highest sale price for the Common Stock was $2.15 per share and the lowest sale price was $2.00 per share. The Reporting Person undertakes to provide the Company, any security holder of the Company or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. /s/ Ernest R. De Paolantonio 2018-04-06