Manchester Management Co Llc - Oct 16, 2023 Form 4 Insider Report for Modular Medical, Inc. (MODD)

Signature
Manchester Management Company, LLC By: /s/ James E. Besser, Managing Member
Stock symbol
MODD
Transactions as of
Oct 16, 2023
Transactions value $
$35,523
Form type
4
Date filed
10/18/2023, 10:29 AM
Previous filing
Aug 9, 2023
Next filing
Nov 21, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MODD Common Stock, par value $0.001 per share Purchase $13.5K +13K +4.09% $1.04 330K Oct 16, 2023 See footnote. F1
transaction MODD Common Stock, par value $0.001 per share Purchase $22K +20K +16.03% $1.10 145K Oct 16, 2023 Direct F2
holding MODD Common Stock, par value $0.001 per share 2.22M Oct 16, 2023 See footnote. F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported securities are owned directly by JEB Partners, L.P. ("JEB Partners") and may be deemed to be indirectly beneficially owned by (i) Manchester Management Company LLC ("Manchester Management"), the general partner of JEB Partners, (ii) Manchester Management PR, LLC ("Manchester PR"), the investment adviser to Manchester Management, and (iii) James E. Besser, the managing member of Manchester Management and Manchester PR. The Reporting Persons disclaim beneficial ownership of the reported securities except to the extent of their pecuniary interest therein, and this report shall not be deemed an admission that the Reporting Persons are the beneficial owners of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
F2 The reported securities are directly owned by James E. Besser in his personal capacity.
F3 The reported securities are owned directly by Manchester Explorer, L.P. ("Explorer") and may be deemed to be indirectly beneficially owned by (i) Manchester Management, the general partner of Explorer, (ii) Manchester PR, the investment adviser to Manchester Management, (iii) and James E. Besser, the managing member of Manchester Management and Manchester PR. The Reporting Persons disclaim beneficial ownership of the reported securities except to the extent of their pecuniary interest therein, and this report shall not be deemed an admission that the Reporting Persons are the beneficial owners of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.