Gary Lu - Dec 13, 2023 Form 4 Insider Report for BIOMERICA INC (BMRA)

Signature
/s/ Gary Lu
Stock symbol
BMRA
Transactions as of
Dec 13, 2023
Transactions value $
$0
Form type
4
Date filed
12/14/2023, 05:10 PM
Previous filing
Apr 10, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding BMRA Common stock 0 Dec 13, 2023 Direct

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 BMRA Non-qualified stock option Award +155K 155K Dec 13, 2023 Common Stock 155K $1.01 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Options granted to Mr. Lu as part of his Fiscal 2024 executive compensation package.
F2 25% vesting on 12/013/2024, 25% on 12/13/2025, 25% on 12/13/2026, and 25% on 12/13/2027
F3 Not Applicable