EMALFARB MARK A 4
4 · DYADIC INTERNATIONAL INC · Filed Jun 9, 2021
Insider Transaction Report
Form 4
EMALFARB MARK A
DirectorCEO10% Owner
Transactions
- Exercise/Conversion
Stock Option
2021-06-09−100,000→ 0 totalExercise: $1.67From: 2016-06-21Exp: 2021-06-21→ Common Stock (100,000 underlying) - Sale
Common Stock
2021-06-09$3.72/sh−23,000$85,560→ 4,234,917 total(indirect: By Trust) - Sale
Common Stock
2021-06-07$3.95/sh−44,000$173,800→ 4,287,917 total(indirect: By Trust) - Sale
Common Stock
2021-06-08$3.82/sh−30,000$114,600→ 4,257,917 total(indirect: By Trust) - Exercise/Conversion
Common Stock
2021-06-09$1.67/sh+100,000$167,000→ 4,334,917 total(indirect: By Trust)
Footnotes (3)
- [F1]These shares were sold to satisfy exercise price and tax withholding obligations to be funded for options expiring on June 21, 2021. As a result of the option exercises and sale transactions reported on this Form 4 together with the Form 4 filed on June 4, 2021, the reporting person's net share ownership increased by an aggregate of 167,930 shares, from 4,166,987 to 4,334,917 shares of Common Stock.
- [F2]The price reported in Column 4 is a weighted average price. These sold in multiple transactions at prices ranging from $4.01 to $3.92, inclusive, on June 7, 2021, $3.96 to $3.80, inclusive, on June 8, 2021, and $3.85 to $3.68, inclusive, on June 9, 2021. The reporting person undertakes to provide to Dyadic International, Inc., any security holder of Dyadic International, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of footnote (2) to this Form 4.
- [F3]Exercise of reporting person's stock options that would otherwise expire June 21, 2021.