John Nicols - Apr 1, 2024 Form 4 Insider Report for SCIENTIFIC INDUSTRIES INC (SCND)

Role
Director
Signature
John Nicols
Stock symbol
SCND
Transactions as of
Apr 1, 2024
Transactions value $
$0
Form type
4
Date filed
7/31/2024, 05:27 PM
Previous filing
Jul 31, 2024
Next filing
Aug 2, 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 SCND Option to Purchase Common Stock Award +10.8K +21.56% 60.8K Apr 1, 2024 Common Stock 10.8K $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.