Simulations Plus, Inc. — Director's Dealing 2006

Jul 31, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

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

Reporting Person: BERAN MOMOKO A (CFO)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2006-07-20	Stock Option	$4.5	A	10000	Acquired	2016-07-20	Common (10000)	Direct

Footnotes

F1: 20% vested on each anniversaries of the date of grant.

F2: Price at close of business on 07/20/06.