Michael P. Tarnok - Jan 2, 2025 Form 4 Insider Report for DYADIC INTERNATIONAL INC (DYAI)

Role
Director
Signature
/s/ Ping Rawson, attorney-in-fact
Stock symbol
DYAI
Transactions as of
Jan 2, 2025
Transactions value $
$0
Form type
4
Date filed
1/7/2025, 06:07 AM
Previous filing
Nov 25, 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 +23.6K +9.56% 270K Jan 2, 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 Restricted Stock Unit Options Exercise $0 -23.6K -100% $0.00 0 Jan 2, 2025 Common Stock 23.6K Direct F1, F5
transaction DYAI Stock Option Award $0 +25K $0.00 25K Jan 2, 2025 Common Stock 25K $1.74 Direct F2
transaction DYAI Restricted Stock Unit Award $0 +10.8K $0.00 10.8K Jan 2, 2025 Common Stock 10.8K Direct F1, F3, F4
* 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 on June 15, 2025.
F5 The restricted stock units previously issued and vested upon one year of service were settled 100% in Issuer's common stock.