0001683168-22-006194.txt : 20220902 0001683168-22-006194.hdr.sgml : 20220902 20220902195052 ACCESSION NUMBER: 0001683168-22-006194 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20220901 FILED AS OF DATE: 20220902 DATE AS OF CHANGE: 20220902 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: 221226577 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 2022-09-01 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 2022-09-01 4 M 0 2987 4.5300 A 40202 D Common Stock, $0.001 par value 2022-09-01 4 S 0 2987 17.1219 D 37215 D Common Stock, $0.001 par value 2022-09-01 4 S 0 334 17.0700 D 36881 D Stock Option (right to buy) 4.5300 2022-09-01 4 M 0 2987 0.0000 D 2026-05-07 Common Stock 2987 215887 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 $16.86 to $17.51. 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 2, 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 2022-09-02