X0306 4 2018-08-01 0 0001103021 BIODELIVERY SCIENCES INTERNATIONAL INC BDSI 0001612372 Watson W. Mark C/O BIODELIVERY SCIENCES INTL, INC. 4131 PARKLAKE AVE. SUITE 225 RALEIGH NC 27612 1 0 0 0 Restricted Stock Units 0.00 2018-08-01 4 A 0 109479 0.00 A 2022-08-01 Common Stock 109479 109479 D Stock Options (right to buy) 2.93 2018-08-01 4 A 0 54770 0.00 A 2028-08-01 Common Stock 54770 54770 D The restricted stock units ("RSUs") were issued to the Reporting Person on August 1, 2018, as compensation for service on the Issuer's board of directors. The RSUs vest as follows: (i) 9,740 RSUs vest in the first open window following the filing of the Company's quarterly 10Q for June 30, 2018, (ii) 24,379 RSUs vest in the first open window following the Company's 2019 Annual Meeting of Stockholders, (iii) 30,000 RSUs vest in the first open window following the Company's 2020 Annual Meeting of Stockholders, (iv) 30,000 RSUs vest in the first open window following the Company's 2021 Annual Meeting of Stockholders and (v) 15,000 RSUs vest in the first open window following the Company's 2022 Annual Meeting of Stockholders. The stock options ("options") were issued to the Reporting Person on August 1, 2018, as compensation for service on the Issuer's board of directors. The options vest as follows: (i) 4,870 options vest in the first open window following the filing of the Company's quarterly 10Q for June 30, 2018, (ii) 12,370 options vest in the first open window following the Company's 2019 Annual Meeting of Stockholders, (iii) 15,000 options vest in the first open window following the Company's 2020 Annual Meeting of Stockholders, (iv) 15,000 options vest in the first open window following the Company's 2021 Annual Meeting of Stockholders and (v) 7,500 options vest in the first open window following the Company's 2022 Annual Meeting of Stockholders. /s/ William Mark Watson 2018-08-03