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

Role
General Counsel
Signature
/s/ Reed L. Benson
Issuer symbol
CODX
Transactions as of
19 May 2021
Net transactions value
-$638,711
Form type
4
Filing time
21 May 2021, 12:43:07 UTC
Next filing
26 May 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CODX Common Stock Options Exercise $1.1 +1 $1.10 1 19 May 2021 Direct
transaction CODX Common Stock Options Exercise $28,720 +10,920 +1092000% $2.63 10,921 19 May 2021 Direct
transaction CODX Common Stock Options Exercise $256,196 +97,413 +892% $2.63 108,334 19 May 2021 Direct
transaction CODX Common Stock Sale $93,232 -10,920 -10% $8.54* 97,414 19 May 2021 Direct F1
transaction CODX Common Stock Sale $830,387 -97,413 -100% $8.52* 1 19 May 2021 Direct F2
transaction CODX Common Stock Sale $8.53 -1 -100% $8.53* 0 19 May 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 -97,413 -100% $0.000000* 0 19 May 2021 Common Stock 97,413 $2.63 Direct F3
transaction CODX Stock Option (Right to Buy) Options Exercise $0 -10,920 -100% $0.000000* 0 19 May 2021 Common Stock 10,920 $2.63 Direct F3
transaction CODX Stock Option (Right to Buy) Options Exercise $0 -1 -0.01% $0.000000 13,891 19 May 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