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Co-Diagnostics, Inc. Director's Dealing 2020

Nov 30, 2020

35011_dirs_2020-11-30_e4f11527-ae5f-4134-af36-beeca71b858c.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Co-Diagnostics, Inc. (CODX)
CIK: 0001692415
Period of Report: 2020-11-25

Reporting Person: BENSON REED L (CFO and Secretary)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2020-11-25 Common Stock M 100000 $1.10 Acquired 100000 Direct
2020-11-25 Common Stock F 10476 $1.10 Disposed 89524 Direct
2020-11-25 Common Stock S 89524 $10.50 Disposed 0 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2020-11-25 Non-Qualified Stock Option (right to buy) $1.10 M 100000 Disposed 2029-09-02 Common Stock (100000) Direct

Footnotes

F1: Non-Qualified Stock Option granted to Reporting Person on September 3, 2019 pursuant to the Issuer's 2015 Long-Term Incentive Plan, as amended, to purchase up to 125,000 shares of common stock of the Issuer and previously reported on a Form 4 filed with the Commission on November 15, 2019.

F2: 100,000 of the Options have vested.

F3: Reflects 10,476 shares withheld by the Issuer at the market price of $10.50 per share less the exercise price of $1.10 per share to fund the cashless exercise of 100,000 options owned by the Reporting Person.