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Simulations Plus, Inc. Director's Dealing 2006

Aug 1, 2006

33301_dirs_2006-08-01_a19272a1-071e-4428-af54-00a784f0e2a8.zip

Director's Dealing

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SEC Form 4/A — Form 4/A

Issuer: SIMULATIONS PLUS INC (SLP)
CIK: 0001023459
Period of Report: 2006-07-20

Reporting Person: WOLTOSZ WALTER S (Director, Chairman & CEO, 10% Owner)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2006-07-20 Stock Option $4.95 A 7500 Acquired 2011-07-20 Common (7500) Direct
2006-05-03 Stock Option $1.54 J 25000 Disposed 2006-05-03 Common (25000) Direct

Footnotes

F1: 20% vested upon each anniversary of the date of the grant.

F2: 110% of price at close of business on 07/20/2006.

F3: Options expired unexercised - owner forgot expiration date.