Simulations Plus, Inc. — Director's Dealing 2012

Dec 20, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SIMULATIONS PLUS INC (SLP)
CIK: 0001023459
Period of Report: 2012-12-20

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-12-20	Simulations Plus, Inc. common stock	A	68503	$4.255	Acquired	6277909	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-12-20	Employee stock options for Simulations Plus common stock	$1.98	X	128000	Disposed	2014-12-16	Employee stock options for Simulations Plus common stock (128000)	Direct

Footnotes

F1: Average price for options granted on three different dates at three different prices, each issued at 110% of the Market closing price on the date of the respective grants:
20,000 shares exercisable at $3.25 on 12/19/2012 from a total grant of 100,000 options on 12/19/2011
100,000 shares exercisable at $1.62 on 12/16/2012 from a total grant of 100,000 options on 12/16/2009
8,000 shares exercisable at $3.27 on 11/30/2011 from a total grant of 20,000 options on 11/30/2010

F2: Conversion of 128,000 options to 68,503 shares via cashless exercise.

F3: Three different option grants, each issued at 110% of the Market closing price on the date of the respective grants:
20,000 shares exercisable at $3.25 on 12/19/2012 from a total grant of 100,000 options on 12/19/2011
100,000 shares exercisable at $1.62 on 12/16/2012 from a total grant of 100,000 options on 12/16/2009
8,000 shares exercisable at $3.27 on 11/30/2011 from a total grant of 20,000 options on 11/30/2010

F4: Three different option grants, with expiration dates as follows:
20,000 shares exercisable at $3.25 on 12/19/2012 from a total grant of 100,000 on 12/19/2011, with an expiration date of 12/19/2016.
100,000 shares exercisable at $1.62 on 12/16/2012 from a total grant of 100,000 shares on 12/16/2009, with an expiration date of 12/16/2014.
8,000 shares exercisable at $3.27 on 11/30/2011 from a total grant of 20,000 shares on 11/30/2010, with an expiration date of 11/30/2015.

F5: From exercise of 128,000 employee stock options as described elsewhere on this Form 4.

F6: Average of Market high and low share prices for SLP common stock on 12/18/2012.