X0306 4 2014-02-20 0 0001103021 BIODELIVERY SCIENCES INTERNATIONAL INC BDSI 0001301715 Sirgo Mark A C/O BIODELIVERY SCIENCES INTL, INC., 801 CORPORATE CENTER DRIVE, SUITE 210 RALEIGH NC 27607 1 1 0 0 President and CEO Common Stock 2014-02-20 4 A 0 140000 8.90 A 955250 D Common Stock 2014-02-20 4 S 0 42000 8.92 D 913250 D The shares of common stock reported on this Form 4 were acquired by the Reporting Person as a result of the vesting of one-third units under a previous Restricted Stock Unit grant. The sale of the shares of common stock was made pursuant to a pre-planned 10b5-1 plan. On February 20, 2014, the Reporting Person sold an aggregate of 42,000 shares of the Issuer's Common Stock at a weighted average price of $8.92. The highest sale price for the Common Stock was $9.06 per share and the lowest sale price was $8.73 per share. /s/ Mark A. Sirgo 2014-02-21