Daniel L. Weiner - May 14, 2024 Form 4 Insider Report for Simulations Plus, Inc. (SLP)

Role
Director
Signature
/s/ Daniel Hoeft, attorney-in-fact for Daniel L. Weiner
Stock symbol
SLP
Transactions as of
May 14, 2024
Transactions value $
-$81,930
Form type
4
Date filed
5/15/2024, 04:53 PM
Previous filing
May 8, 2024
Next filing
Jul 1, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SLP Common Stock Options Exercise $68.5K +2K +22.83% $34.23 10.8K May 14, 2024 Direct
transaction SLP Common Stock Sale -$150K -3K -27.88% $50.13 7.76K May 14, 2024 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 -2K -50% $0.00 2K May 14, 2024 Common Stock 2K $34.23 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 $50.00 to $50.50, 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