SEC Form 4 · accession 0001222526-17-000006
Simulations Plus, Inc. · SLP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Walter S Woltosz
Officer — CEO · Director · 10% Owner
Period of report
Nov 17, 2017
Accepted (ET)
Nov 20, 2017 · 3:54 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001023459
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Options for Simulations Plus, Inc. common stockF1,F2 | $17.71 | Nov 16, 2017 | A | 12,000 | A | Nov 16, 2018 | Nov 15, 2022 | Simulations Plus, Inc. (SLP) common stock | 12,000 | 104,000 | D |
Explanation of responses
- F1Issued by the compensation committee in accordance with CEO's employment agreement.
- F2Exercisable in three annual installments, with 40% exercisable after one year, and an additional 30% exercisable after each of the second and third years.