Reed L. Benson - May 19, 2021 Form 4 Insider Report for Co-Diagnostics, Inc. (CODX)

Role
General Counsel
Signature
/s/ Reed L. Benson
Stock symbol
CODX
Transactions as of
May 19, 2021
Transactions value $
-$638,711
Form type
4
Date filed
5/21/2021, 12:43 PM
Next filing
May 26, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CODX Common Stock Options Exercise $1.10 +1 $1.10 1 May 19, 2021 Direct
transaction CODX Common Stock Options Exercise $28.7K +10.9K +1092000% $2.63 10.9K May 19, 2021 Direct
transaction CODX Common Stock Options Exercise $256K +97.4K +891.98% $2.63 108K May 19, 2021 Direct
transaction CODX Common Stock Sale -$93.2K -10.9K -10.08% $8.54* 97.4K May 19, 2021 Direct F1
transaction CODX Common Stock Sale -$830K -97.4K -100% $8.52* 1 May 19, 2021 Direct F2
transaction CODX Common Stock Sale -$9 -1 -100% $8.53* 0 May 19, 2021 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 CODX Stock Option (Right to Buy) Options Exercise $0 -97.4K -100% $0.00* 0 May 19, 2021 Common Stock 97.4K $2.63 Direct F3
transaction CODX Stock Option (Right to Buy) Options Exercise $0 -10.9K -100% $0.00* 0 May 19, 2021 Common Stock 10.9K $2.63 Direct F3
transaction CODX Stock Option (Right to Buy) Options Exercise $0 -1 -0.01% $0.00 13.9K May 19, 2021 Common Stock 1 $1.10 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction was executed in multiple trades at prices ranging from $8.52 USD to $8.55 USD; the price reported above reflects the weighted average sale price.
F2 This transaction was executed in multiple trades at prices ranging from $8.47 USD to $8.64 USD; the price reported above reflects the weighted average sale price.
F3 1/3 on day of grant; 1/3 after year 1, 1/3 after year 2 beginning on 21-Sep-2018
F4 1/3 on day of grant; 1/3 after year 1, 1/3 after year 2 beginning on 03-Sep-2019