Gary Lu - 06 Apr 2023 Form 4 Insider Report for BIOMERICA INC (BMRA)

Signature
/s/Gary Lu
Issuer symbol
BMRA
Transactions as of
06 Apr 2023
Transactions value $
$0
Form type
4
Filing time
10 Apr 2023, 14:43:18 UTC
Previous filing
09 Mar 2023
Next filing
14 Dec 2023

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 BMRA Non-qualified stock option Award +100,000 100,000 06 Apr 2023 Common Stock 0 $1.74 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 25% exercisable on 12/9/2023, and 25% annually there after.
F2 Not applicable

Remarks:

Options issued to newly hired and appointed Chief Financial Officer.