Replies to post #320228 on Avid Bioservices Inc (CDMO)

[cjgaddy]

Per Proxy, SK has options to buy 425,161sh@$9.29

Outstanding Equity Awards at FY/e 4-30-17 (pg. 39 of Proxy https://tinyurl.com/y7qprpg9 )
Steven W. King
7,143 @13.65 exp. 1/11/2018
31,571 @20.51 2/1/2020
20,357 @17.08 5/2/2021
37,519 @6.65 2/17/2022
35,714 @3.22 5/4/2022 **
28,571 @8.26 12/27/2022
57,143 @9.87 5/6/2023
35,714 @9.73 10/15/2023
57,143 @12.25 5/6/2024
37,500 @ 9.17 5/11/2025 – plus 5,357 not yet vested (qtly over 2yrs beg. 8-11-15) = 42,857
26,787 @3.50 6/2/2026 – plus 44,642 not yet vested (qtly over 2yrs beg. 9-2-16) = 71,429 **
= = = = = =
Total: 425,161sh. X Avg=$9.29/sh. = $3,947,718 out of pocket to exercise them all.

** 107,143sh. currently in the money (once all vested)