EMALFARB MARK A 4
4 · DYADIC INTERNATIONAL INC · Filed Dec 23, 2021
Insider Transaction Report
Form 4
EMALFARB MARK A
DirectorCEO10% Owner
Transactions
- Sale
Common Stock
2021-12-21$4.33/sh−26,486$114,684→ 4,308,431 total(indirect: By Trust) - Exercise/Conversion
Common Stock
2021-12-23$1.63/sh+150,000$244,500→ 4,394,015 total(indirect: By Trust) - Sale
Common Stock
2021-12-22$4.12/sh−35,649$146,874→ 4,272,782 total(indirect: By Trust) - Sale
Common Stock
2021-12-23$4.10/sh−28,767$117,945→ 4,244,015 total(indirect: By Trust) - Exercise/Conversion
Stock Option
2021-12-23−150,000→ 0 totalExercise: $1.63From: 2017-01-03Exp: 2022-01-03→ Common Stock (150,000 underlying)
Footnotes (3)
- [F1]These shares were sold to satisfy exercise price and tax withholding obligations to be funded for options expiring on January 3, 2022. As a result of the option exercises and sale transactions reported on this Form 4, the reporting person's net share ownership increased by 59,098 shares, from 4,334,917 to 4,394,015 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 $4.46 to $4.28, inclusive, on December 21, 2021, $4.70 to $4.00, inclusive, on December 22, 2021, and $4.15 to $4.05, inclusive, on December 23, 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 number of shares sold at each individual price within the price ranges set forth in this footnote(2) to this Form 4.
- [F3]Exercise of reporting person's stock options that would other wise expire January 3, 2022.