Simulations Plus, Inc. — Director's Dealing 2010

Dec 2, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SIMULATIONS PLUS INC (SLP)
CIK: 0001023459
Period of Report: 2010-11-30

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

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-11-30	Stock option	$1.62	J	102666	Disposed	2014-12-16	Common (102666)	Direct
2010-11-30	Stock option	$3.27	A	20000	Acquired	2015-11-30	Common (20000)	Direct

Footnotes

F1: Cancellation of options accidentally issued in excess of amount allowed under 2007 Stock Option plan.

F2: Includes options owned jointly by Walter S. Woltosz and Virgina E. Woltosz.

F3: Vested over three years at 40%/30%/30%.