Ping Rawson - 02 Jan 2025 Form 4 Insider Report for DYADIC INTERNATIONAL INC (DYAI)

Signature
/s/ Ping Rawson
Issuer symbol
DYAI
Transactions as of
02 Jan 2025
Transactions value $
$0
Form type
4
Filing time
07 Jan 2025, 06:05:16 UTC
Previous filing
07 Aug 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DYAI Common Stock Award $0 +20.8K +17.28% $0.00 141K 02 Jan 2025 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 +64.5K $0.00 64.5K 02 Jan 2025 Common Stock 64.5K $1.74 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The RSUs were granted pursuant to the Issuer's key employee annual bonus, in lieu of a cash bonus earned for the year ended 2024. The RSUs vested in full upon grant.
F2 Annual grant of stock options.
F3 This option vests in four equal installments beginning on the first anniversary of the date of grant.