Walter S. Woltosz - Nov 1, 2024 Form 4 Insider Report for Simulations Plus, Inc. (SLP)

Signature
/s/ Daniel Hoeft, attorney-in-fact for Walter S. Woltosz and Virginia E. Woltosz
Stock symbol
SLP
Transactions as of
Nov 1, 2024
Transactions value $
-$553,200
Form type
4
Date filed
11/5/2024, 08:02 AM
Previous filing
Oct 2, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SLP Common Stock Award $0 +992 +0.03% $0.00 3.48M Nov 1, 2024 Direct F1
transaction SLP Common Stock Sale -$553K -20K -0.57% $27.66 3.46M Nov 1, 2024 Direct F2, F3, F4
* 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 Stock granted as independent director compensation, issued under the issuer's 2021 Equity Incentive Plan.
F2 The sales reported in this Form 4 were effected automatically pursuant to a Rule 10b5-1 plan adopted by the reporting persons.
F3 These shares were sold in multiple transactions at prices falling within those ranges set forth in footnote (4) of this Form 4. The reporting persons undertake 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.
F4 These shares were sold in multiple transactions at prices ranging from $27.22 to $27.97, inclusive.