Paul DiPerna - Apr 8, 2024 Form 4 Insider Report for Modular Medical, Inc. (MODD)

Role: Chairman, President, Chief Financial Officer and Treasurer, Director, 10%+ Owner
Signature: /s/ James Sullivan, attorney-in-fact for Paul DiPerna
Stock symbol: MODD
Transactions as of: Apr 8, 2024
Transactions value $: $152,000
Form type: 4
Date filed: 4/9/2024, 07:41 PM
Previous filing: Oct 4, 2023
Next filing: Aug 26, 2024

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	MODD	Option to purchase common stock	Award	$152K	+100K		$1.52	100K	Apr 8, 2024	Common Stock	100K	$1.52	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	This option shall vest as to 1/3rd of the shares subject to the option on April 8, 2025 and as to 1/36th of the shares subject to the option on a monthly basis thereafter.
F2	In accordance with Instruction 4 to this Form, column 9 reports only total beneficial ownership of the "class" of derivative security reported in Column 1. Options that have different exercise prices or vesting terms are not considered to be of the same "class."

Remarks:

Chairman, President, Chief Financial Officer and Treasurer