John J. Nicols - 01 Apr 2024 Form 4 Insider Report for SCIENTIFIC INDUSTRIES INC (SCND)

Role
Director
Signature
John Nicols
Issuer symbol
SCND
Transactions as of
01 Apr 2024
Net transactions value
$0
Form type
4
Filing time
31 Jul 2024, 17:27:27 UTC
Previous filing
31 Jul 2024
Next filing
02 Aug 2024
SEC
View on sec.gov

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 SCND Option to Purchase Common Stock Award +10,778 +22% 60,778 01 Apr 2024 Common Stock 10,778 $2.50 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On April 1, 2024 the Reporting Person and the Issuer entered into an agreement to elect to be paid for Reporting Person's fees as a Board Director in stock options in lieu of cash compensation. These options vest in twelve (12) monthly installments commencing on April 1, 2024 through April 1, 2025.