Reginald Averilla - 01 Apr 2024 Form 4 Insider Report for SCIENTIFIC INDUSTRIES INC (SCND)

Role
CFO
Signature
Reginald Averilla
Issuer symbol
SCND
Transactions as of
01 Apr 2024
Net transactions value
$0
Form type
4
Filing time
01 Jul 2024, 10:41:26 UTC
Previous filing
13 Jul 2022
SEC
View on sec.gov

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 SCND Options to Purchase Common Stock Award +9,768 +49% 29,768 01 Apr 2024 Common Stock 9,768 $2.50 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On April 1, 2024, the Reporting Person and the Issuer entered into an agreement whereby the Reporting Person elected to be paid part of his salary in stock options in lieu of cash compensation. These options vest in twelve monthly installments commencing on April 1, 2024 through April 1, 2025.