Michael P. Tarnok - 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, 06:07:38 UTC
Previous filing
25 Nov 2024
Next filing
24 Jun 2025
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 +9.6% 270,257 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 +25,000 $0.000000 25,000 02 Jan 2025 Common Stock 25,000 $1.74 Direct F2
transaction DYAI Restricted Stock Unit Award $0 +10,776 $0.000000 10,776 02 Jan 2025 Common Stock 10,776 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 on June 15, 2025.
F5 The restricted stock units previously issued and vested upon one year of service were settled 100% in Issuer's common stock.