SEC Form 4 · accession 0001683168-17-002810
Simulations Plus, Inc. · SLP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David L. Ralph
Director
Period of report
Nov 1, 2017
Accepted (ET)
Nov 2, 2017 · 4:05 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001023459
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Nov 1, 2017 | A | 752 | — | A | 1,580 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F2 | $14.50 | holding | — | — | — | — | Aug 31, 2027 | Common Stock | 3,750 | 3,750 | D |
| Stock Option (right to buy)F3,F2,F4 | — | holding | — | — | — | — | — | Common Stock | 21,000 | 21,000 | D |
Explanation of responses
- F1Shares granted as independent director compensation, issued from the 2017 Equity Incentive Plan.
- F2The option is vested over a three year period with 40% on the first anniversary of the date of grant and continuing to vest as to the 2nd and 3rd installment on the 2nd and 3rd anniversary date thereafter at 30%.
- F3Exercise price range $4.46 to $8.62.
- F4Expiration dates from 8/31/2022 through 8/31/2026.