4//SEC Filing
DiPerna Paul 4
Accession 0001213900-25-036214
CIK 0001074871other
Filed
Apr 27, 8:00 PM ET
Accepted
Apr 28, 5:30 PM ET
Size
8.8 KB
Accession
0001213900-25-036214
Insider Transaction Report
Form 4
DiPerna Paul
DirectorSee Remarks
Transactions
- Award
Option to purchase common stock
2025-04-24+200,000→ 200,000 totalExercise: $0.94Exp: 2035-04-24→ Common Stock (200,000 underlying) - Award
Option to purchase common stock
2025-04-24+200,000→ 200,000 totalExercise: $0.94Exp: 2035-04-24→ Common Stock (200,000 underlying)
Footnotes (3)
- [F1]This option shall vest as to all of the shares subject to the option if the Registrant receives notification of U.S. Food and Drug Administration clearance of the 510(K) premarket submission for its MODDi pump product on or before October 31, 2025. If notification is not received on or before that date, the option will not vest as to any of the shares subject to the option and will terminate on November 1, 2025.
- [F2]In accordance with Instruction 4 to this Form, column 9 reports only total beneficial ownership of the "class" of derivative security reported in Column 1. Options that have different exercise prices or vesting terms are not considered to be of the same "class."
- [F3]This option shall vest as to all of the shares subject to the option if the Registrant's manufacturing line has been validated on or before March 15, 2026 for the MODDi pump product with the capacity to produce a supply of product to serve 6,000 patients. If validation does not occur on or before that date, the option will not vest as to any of the shares subject to the option and will terminate on March 16, 2026.
Documents
Issuer
Modular Medical, Inc.
CIK 0001074871
Entity typeother
Related Parties
1- filerCIK 0001506126
Filing Metadata
- Form type
- 4
- Filed
- Apr 27, 8:00 PM ET
- Accepted
- Apr 28, 5:30 PM ET
- Size
- 8.8 KB