MANCHESTER MANAGEMENT CO LLC - 16 Oct 2023 Form 4 Insider Report for Modular Medical, Inc. (MODD)

Role: Director by Deputization, 10%+ Owner
Signature: Manchester Management Company, LLC By: /s/ James E. Besser, Managing Member
Issuer symbol: MODD
Transactions as of: 16 Oct 2023
Net transactions value: +$35,523
Form type: 4
Filing time: 18 Oct 2023, 10:29:29 UTC
Previous filing: 09 Aug 2023
Next filing: 21 Nov 2023
SEC: View on sec.gov

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	$13,549	+13,000	+4.1%	$1.04	330,473	16 Oct 2023	See footnote.	F1
transaction	MODD	Common Stock, par value $0.001 per share	Purchase	$21,974	+20,000	+16%	$1.10	144,750	16 Oct 2023	Direct	F2
holding	MODD	Common Stock, par value $0.001 per share						2,218,077	16 Oct 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.