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

Signature
Helena Santos
Stock symbol
SCND
Transactions as of
Apr 1, 2024
Transactions value $
$0
Form type
4
Date filed
6/27/2024, 10:25 AM
Previous filing
Jan 29, 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 Options to Purchase Common Stock Award +55.1K +23.51% 289K Apr 1, 2024 Common Stock 55.1K $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 whereby the Reporting Person elected to be paid part of her salary in stock options in lieu of cash compensation. These options vest in twelve monthly installments commencing on April 1, 2024 through April 1, 2025.