Patrick K. Lucy - 02 Jan 2024 Form 4 Insider Report for DYADIC INTERNATIONAL INC (DYAI)

Role
Director
Signature
/s/ Ping Rawson, attorney-in-fact
Issuer symbol
DYAI
Transactions as of
02 Jan 2024
Net transactions value
$0
Form type
4
Filing time
04 Jan 2024, 20:03:24 UTC
Previous filing
05 Jan 2023
Next filing
15 Apr 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DYAI Common Stock Options Exercise +27,174 27,174 03 Jan 2024 Direct F1

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 DYAI Stock Option Award $0 +50,000 $0.000000 50,000 02 Jan 2024 Common Stock 50,000 $1.59 Direct F2
transaction DYAI Restricted Stock Unit Award $0 +23,585 $0.000000 23,585 02 Jan 2024 Common Stock 23,585 Direct F1, F3, F4
transaction DYAI Restricted Stock Unit Options Exercise $0 -27,174 -100% $0.000000* 0 03 Jan 2024 Common Stock 27,174 Direct F1, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.
F2 Annual grant of stock options.
F3 Receipt of restricted stock units as a result of reduction in directors' cash compensation.
F4 The restricted stock units will be settled 100% in Issuer's common stock when vested upon one year of service as a member of the board of directors.
F5 The restricted stock units previously issued and vested upon one year of service were settled 100% in Issuer's common stock.