Form 4: BioVie Inc. Director James Paul Lang Acquires Stock Options
SEC Form 4 Filing
Director James Paul Lang reports acquisition of stock options in BioVie Inc.
Summary
- On January 7, 2025, James Paul Lang, a director of BioVie Inc. (BIVI), filed a Form 4 with the SEC.
- The report details the acquisition of stock options.
- Lang acquired 61,600 stock options with an exercise price of $3.36 on November 20, 2024, vesting in four equal installments.
- He also acquired 22,690 stock options with an exercise price of $1.90 on December 20, 2024, vesting in three equal installments.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a standard disclosure of stock option grants to a director, which doesn't inherently indicate positive or negative sentiment.
Positives
- The acquisition of stock options by a director may indicate confidence in the company's future prospects.
Industry Context
Form 4 filings are standard disclosures required by the SEC to provide transparency regarding insider transactions in publicly traded companies.
Stakeholder Impact
- Shareholders may view the acquisition of stock options by a director as a sign of confidence in the company's future.
Key Dates
| Date | Description |
|---|---|
| 11/20/2024 | Earliest transaction date; acquisition of 61,600 stock options at $3.36. |
| 12/20/2024 | Acquisition of 22,690 stock options at $1.90. |
| 12/20/2024 | First vesting date for 22,690 stock options. |
| 02/08/2025 | First vesting date for 61,600 stock options. |
| 05/08/2025 | Second vesting date for 61,600 stock options. |
| 08/08/2025 | Third vesting date for 61,600 stock options. |
| 11/08/2025 | Fourth vesting date for 61,600 stock options. |
| 12/20/2025 | Second vesting date for 22,690 stock options. |
| 12/20/2026 | Third vesting date for 22,690 stock options. |
| 11/20/2029 | Expiration date for 61,600 stock options. |
| 12/20/2029 | Expiration date for 22,690 stock options. |
| 01/07/2025 | Date of Form 4 filing. |
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