Gary Lu - Apr 6, 2023 Form 4 Insider Report for BIOMERICA INC (BMRA)

Role
Chief Financial Officer
Signature
/s/Gary Lu
Stock symbol
BMRA
Transactions as of
Apr 6, 2023
Transactions value $
$0
Form type
4
Date filed
4/10/2023, 02:43 PM
Previous filing
Mar 9, 2023
Next filing
Dec 14, 2023

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 +100K 100K Apr 6, 2023 Common Stock 0 $1.74 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 25% exercisable on 12/9/2023, and 25% annually there after.
F2 Not applicable

Remarks:

Options issued to newly hired and appointed Chief Financial Officer.