Lisa LaVange - 14 May 2024 Form 4 Insider Report for Simulations Plus, Inc. (SLP)

Role
Director
Signature
/s/ Daniel Hoeft, attorney-in-fact for Lisa LaVange
Issuer symbol
SLP
Transactions as of
14 May 2024
Net transactions value
-$25,000
Form type
4
Filing time
15 May 2024, 16:56:13 UTC
Previous filing
08 May 2024
Next filing
04 Jun 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SLP Common Stock Sale $25,000 -500 -6.4% $50.00 7,373 14 May 2024 Direct F1, F2
* 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 a single transaction at $50.00