Helena R. Santos - 01 Apr 2024 Form 4 Insider Report for SCIENTIFIC INDUSTRIES INC (SCND)

Signature
Helena Santos
Issuer symbol
SCND
Transactions as of
01 Apr 2024
Net transactions value
$0
Form type
4
Filing time
27 Jun 2024, 10:25:47 UTC
Previous filing
29 Jan 2024
Next filing
23 May 2025

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 +55,100 +24% 289,443 01 Apr 2024 Common Stock 55,100 $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.