Form 4 for DYAI DYADIC INTERNATIONAL INC
Accepted 2021-12-23 00:00:00 ET · period of report 2021-12-21 · accession 0001437749-21-029224 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DMI | 2021-12-23 | 2021-12-21+ | DYAI | EMALFARB MARK A | Pres, CEO, Dir, 10% | S - Sale+OE | $4.17 | -90.9K | 4.24M | -2% | -$379.5K |
| DI | 2021-12-23 | 2021-12-23 | DYAI | EMALFARB MARK A | Pres, CEO, Dir, 10% | M - OptEx | $1.63 | +150.0K | 4.39M | +4% | +$244.5K |
| D | 2021-12-23 | 2021-12-23 | DYAI | EMALFARB MARK A | Pres, CEO, Dir, 10% | M - OptEx | $0.00 | -150.0K | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2021-12-22 | S | D | 35,649 | $4.12 | 4,272,782 | I Through MarkA Emalfarb Trust U/A/DTD 10/1/1987 | — | — | (F1) These shares were sold to satisfy exercise price and tax withholding obligations to be funded for options expiring on January 3, 2022. As a result of the option exercises and sale transactions reported on this Form 4, the reporting person's net share ownership increased by 59,098 shares, from 4,334,917 to 4,394,015 shares of Common Stock. (F2) The price reported in Column 4 is a weighted average price. These sold in multiple transactions at prices ranging from $4.46 to $4.28, inclusive, on December 21, 2021, $4.70 to $4.00, inclusive, on December 22, 2021, and $4.15 to $4.05, inclusive, on December 23, 2021. The reporting person undertakes to provide to Dyadic International, Inc., any security holder of Dyadic International, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding number of shares sold at each individual price within the price ranges set forth in this footnote(2) to this Form 4. |
| 2 | Common | Common Stock | 2021-12-23 | M | A | 150,000 | $1.63 | 4,394,015 | I Through MarkA Emalfarb Trust U/A/DTD 10/1/1987 | — | — | |
| 3 | Common | Common Stock | 2021-12-21 | S | D | 26,486 | $4.33 | 4,308,431 | I Through Mark A. Emalfarb Trust U/A DTD 10/1/1987 | — | — | (F1) These shares were sold to satisfy exercise price and tax withholding obligations to be funded for options expiring on January 3, 2022. As a result of the option exercises and sale transactions reported on this Form 4, the reporting person's net share ownership increased by 59,098 shares, from 4,334,917 to 4,394,015 shares of Common Stock. (F2) The price reported in Column 4 is a weighted average price. These sold in multiple transactions at prices ranging from $4.46 to $4.28, inclusive, on December 21, 2021, $4.70 to $4.00, inclusive, on December 22, 2021, and $4.15 to $4.05, inclusive, on December 23, 2021. The reporting person undertakes to provide to Dyadic International, Inc., any security holder of Dyadic International, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding number of shares sold at each individual price within the price ranges set forth in this footnote(2) to this Form 4. |
| 4 | Common | Common Stock | 2021-12-23 | S | D | 28,767 | $4.10 | 4,244,015 | I Through MarkA. Emalfarb Trust U/A/ DTD 10/1/1987 | — | — | (F1) These shares were sold to satisfy exercise price and tax withholding obligations to be funded for options expiring on January 3, 2022. As a result of the option exercises and sale transactions reported on this Form 4, the reporting person's net share ownership increased by 59,098 shares, from 4,334,917 to 4,394,015 shares of Common Stock. (F2) The price reported in Column 4 is a weighted average price. These sold in multiple transactions at prices ranging from $4.46 to $4.28, inclusive, on December 21, 2021, $4.70 to $4.00, inclusive, on December 22, 2021, and $4.15 to $4.05, inclusive, on December 23, 2021. The reporting person undertakes to provide to Dyadic International, Inc., any security holder of Dyadic International, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding number of shares sold at each individual price within the price ranges set forth in this footnote(2) to this Form 4. |
| 5 | Derivative | Stock Option | 2021-12-23 | M | D | 150,000 | $0.00 | 0 | D | $1.63 · 2017-01-03 to 2022-01-03 | 150,000 Common Stock | (F3) Exercise of reporting person's stock options that would other wise expire January 3, 2022. |