Michael P. Tarnok - Jan 2, 2024 Form 4 Insider Report for DYADIC INTERNATIONAL INC (DYAI)

Role
Director
Signature
/s/ Ping Rawson, attorney-in-fact
Stock symbol
DYAI
Transactions as of
Jan 2, 2024
Transactions value $
$0
Form type
4
Date filed
1/4/2024, 08:01 PM
Previous filing
Jan 5, 2023
Next filing
Apr 15, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DYAI Common Stock Options Exercise +27.2K +14.38% 216K Jan 3, 2024 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 +67.5K $0.00 67.5K Jan 2, 2024 Common Stock 67.5K $1.59 Direct F2
transaction DYAI Restricted Stock Unit Award $0 +23.6K $0.00 23.6K Jan 2, 2024 Common Stock 23.6K Direct F1, F3, F4
transaction DYAI Restricted Stock Unit Options Exercise $0 -27.2K -100% $0.00* 0 Jan 3, 2024 Common Stock 27.2K Direct F1, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.
F2 Annual grant of stock options.
F3 Receipt of restricted stock units as a result of reduction in directors' cash compensation.
F4 The restricted stock units will be settled 100% in Issuer's common stock when vested upon one year of service as a member of the board of directors.
F5 The restricted stock units previously issued and vested upon one year of service were settled 100% in Issuer's common stock.