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DYADIC INTERNATIONAL INC Director's Dealing 2007

Jan 8, 2007

34670_dirs_2007-01-08_7f833b59-6fe7-45bf-abfe-684627ad4f76.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DYADIC INTERNATIONAL INC (DIL)
CIK: 0001213809
Period of Report: 2007-01-02

Reporting Person: WARNER STEPHEN J (Director)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2007-01-02 Non-Qualified Stock Option $6.1 A 25000 Acquired 2012-01-01 Common Stock (25000) Direct

Footnotes

F1: 6,250 shares of the option are currently vested and the remainder vests in four equal annual installments beginning on 1/2/2008.