Jurgen Walter Schumacher - 01 Jul 2024 Form 4 Insider Report for SCIENTIFIC INDUSTRIES INC (SCND)

Role
Director
Signature
Juergen Schumacher
Issuer symbol
SCND
Transactions as of
01 Jul 2024
Net transactions value
$0
Form type
4
Filing time
02 Aug 2024, 16:56:36 UTC
Previous filing
28 Dec 2023
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 Option to Purchase Common Stock Award +14,371 +18% 94,502 01 Apr 2024 Common Stock 14,371 $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 to elect to be paid for Reporting Person's Board of Director fees in options in lieu of cash compensation. These options vest in twelve monthly installments commencing on April 1, 2024.