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4//SEC Filing

Adverum Biotechnologies, Inc. 4

Accession 0001209191-16-129115

CIK 0001501756operating

Filed

Jun 20, 8:00 PM ET

Accepted

Jun 21, 5:51 PM ET

Size

8.4 KB

Accession

0001209191-16-129115

Insider Transaction Report

Form 4
Period: 2016-06-17
Barone Samuel B.
Chief Medical Officer
Transactions
  • Award

    Common Stock

    2016-06-17+20,000114,335 total
  • Award

    Stock Option (Right to Buy)

    2016-06-17+50,00050,000 total
    Exercise: $3.31Exp: 2026-06-16Common Stock (50,000 underlying)
Footnotes (3)
  • [F1]Restricted Stock Units ("RSUs"). The Reporting Person is entitled to receive one (1) share of Common Stock of the Issuer for each one (1) RSU upon the vesting thereof. Such RSUs vest with respect to 25% of the shares subject thereto on each anniversary of June 17, 2016 (the "Vesting Commencement Date"), such that all of the shares subject to the RSUs shall be vested as of the fourth anniversary of the Vesting Commencement Date, subject to the Reporting Person's continued service with the Issuer on each such vesting date.
  • [F2]Includes 2,732 shares acquired through the Issuer's 2014 Employee Stock Purchase Plan on May 20, 2016.
  • [F3]Twenty-five percent (25%) of the total number of shares subject to the option vest and become exercisable on the first anniversary of the Vesting Commencement Date, and 1/48th of the total number of shares subject to the option vest and become exercisable each month thereafter, such that all of the shares subject to the option shall become vested and exercisable as of the fourth anniversary of the Vesting Commencement Date, subject to the Reporting Person's continued service with the Issuer on each such vesting date.

Issuer

Adverum Biotechnologies, Inc.

CIK 0001501756

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0001501756

Filing Metadata

Form type
4
Filed
Jun 20, 8:00 PM ET
Accepted
Jun 21, 5:51 PM ET
Size
8.4 KB