Kevin Schmid - 22 Aug 2024 Form 4 Insider Report for Modular Medical, Inc. (MODD)

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	$0	+24,400		$0.000000	24,400	22 Aug 2024	Common Stock	24,400	$1.71	Direct	F1, F2

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

Id	Content
F1	This option shall vest as to all of the shares subject to the option if the Registrant receives notification of FDA clearance of the 510(K) pre-market submission for the Registrant's initial pump product on or before December 31, 2024. If notification is not received on or before that date, the option will not vest as to any of the shares and will terminate on January 1, 2025.
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."