Jack Kaye - Mar 5, 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
Mar 5, 2025
Transactions value $
$0
Form type
4
Date filed
3/7/2025, 04:07 PM
Previous filing
Jan 7, 2025
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 $9.98K +7.5K +13.12% $1.33 64.7K Mar 5, 2025 Direct F1
transaction DYAI Common Stock Options Exercise $29.9K +22.5K +34.79% $1.33 87.2K Mar 5, 2025 Direct F1
transaction DYAI Common Stock Tax liability -$39.9K -27.5K -31.57% $1.45 59.6K Mar 5, 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 Options Exercise $0 -7.5K -100% $0.00 0 Mar 5, 2025 Common Stock 7.5K $1.33 Direct F1
transaction DYAI Stock Option Options Exercise $0 -22.5K -100% $0.00 0 Mar 5, 2025 Common Stock 22.5K $1.33 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person exercised a total of 30,000 stock options and paid the exercise price through the withholding by the Issuer of 27,517 shares of common stock underlying the stock options (equal to the value of the exercise price), based on a market price of $1.45, which was the closing price of the Issuer's common stock on March 5, 2025.