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Modular Medical, Inc. — Director's Dealing 2020
Feb 18, 2020
34704_dirs_2020-02-18_aa872e9e-2ba0-4ade-bf51-007e52e52f4f.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Modular Medical, Inc. (MODD)
CIK: 0001074871
Period of Report: 2020-01-23
Reporting Person: Burns Liam (Director)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-01-23 | Option to purchase common stock | $2.25 | A | 60000 | Acquired | 2030-01-23 | Common Stock (60000) | Direct |
Footnotes
F1: On January 23, 2020, the Reporting Person was granted an option for 60,000 shares. The option vests in two annual installments on January 16, 2021 and January 16, 2022.
F2: In accordance with Instruction 4 to this Form, column 9 reports only total beneficial ownership of the "class" of derivative security reported in Column 1. Options that have different exercise prices or vesting terms are not considered to be of the same "class." As a result of the grant reported herein, the Reporting Person currently has aggregate options to purchase a total of 191,364 shares of the Issuer.