Patrick K. Lucy - 02 Jan 2025 Form 4 Insider Report for DYADIC INTERNATIONAL INC (DYAI)

Role
Director
Signature
/s/ Ping Rawson, attorney-in-fact
Issuer symbol
DYAI
Transactions as of
02 Jan 2025
Net transactions value
$0
Form type
4
Filing time
07 Jan 2025, 06:06:13 UTC
Previous filing
15 Apr 2024
Next filing
06 Jan 2026
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DYAI Common Stock Options Exercise +23,585 +87% 50,759 02 Jan 2025 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 Restricted Stock Unit Options Exercise $0 -23,585 -100% $0.000000 0 02 Jan 2025 Common Stock 23,585 Direct F1, F5
transaction DYAI Stock Option Award $0 +67,500 $0.000000 67,500 02 Jan 2025 Common Stock 67,500 $1.74 Direct F2
transaction DYAI Restricted Stock Unit Award $0 +21,552 $0.000000 21,552 02 Jan 2025 Common Stock 21,552 Direct F1, F3, F4
* 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.