John Anthony DiBella - Dec 22, 2023 Form 4/A Insider Report for Simulations Plus, Inc. (SLP)

Signature
/s/ Daniel Hoeft, attorney-in-fact for John Anthony DiBella
Stock symbol
SLP
Transactions as of
Dec 22, 2023
Transactions value $
-$137,169
Form type
4/A
Date filed
12/26/2023, 07:54 PM
Date Of Original Report
Dec 26, 2023
Previous filing
Oct 23, 2023
Next filing
Oct 21, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SLP Common Stock Options Exercise $107K +5.41K +6.78% $19.81 85.3K Dec 22, 2023 Direct
transaction SLP Common Stock Sale -$244K -5.41K -6.35% $45.16 79.8K Dec 22, 2023 Direct F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SLP Stock Options (Right to Buy) Options Exercise $0 -5.41K -67.64% $0.00 2.59K Dec 22, 2023 Common Stock 5.41K $19.81 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 were effected automatically pursuant to a Rule 10b5-1 plan adopted by the reporting person.
F2 These shares were sold in multiple transactions at prices ranging from $45.01 to $45.36, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the relevant footnotes.
F3 Fully Vested

Remarks:

This form 4/A amends and restates in full the original Form 4, filed on December 26, 2023 (the "Prior Form 4"). This Form 4/A is being filed to disclose the reporting person's exercise of certain stock options, which transaction was inadvertently omitted from the Prior Form 4.