Joseph P. Hazelton - Jan 3, 2023 Form 4 Insider Report for DYADIC INTERNATIONAL INC (DYAI)

Role
Chief Business Officer
Signature
/s/ Joseph Hazelton
Stock symbol
DYAI
Transactions as of
Jan 3, 2023
Transactions value $
$79,278
Form type
4
Date filed
1/5/2023, 06:29 PM
Previous filing
Jan 5, 2022
Next filing
Jan 4, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DYAI Common Stock Award $79.3K +57.4K $1.38 57.4K Jan 3, 2023 Direct F1

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 DYAI Stock Option Award $0 +93.8K $0.00 93.8K Jan 3, 2023 Common Stock 93.8K $1.38 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The RSUs were granted pursuant to the Issuer's key employee annual bonus, in lieu of a cash bonus earned for the year ended 2022. The RSUs vested in full upon grant.
F2 Annual grant of stock options.
F3 This option vests in four equal installments beginning on the first anniversary of the date of grant.