Simulations Plus, Inc. — Director's Dealing 2018

May 3, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SIMULATIONS PLUS INC (SLP)
CIK: 0001023459
Period of Report: 2018-05-01

Reporting Person: Ralph David L. (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-05-01	Common Stock	A	744	$16.45	Acquired	3083	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option (right to buy)	$14.50	2027-08-31	Common Stock (3750)	3750	Direct
Stock Option (right to buy)	$		Common Stock (21000)	21000	Direct

Footnotes

F1: Shares granted as independent director compensation, issued from the 2017 Equity Incentive Plan.

F2: The option is vested over a three year period with 40% on the first anniversary of the date of grant and continuing to vest as to the 2nd and 3rd installment on the 2nd and 3rd anniversary date thereafter at 30%.

F3: Exercise price range $4.46 to $8.62.

F4: Expiration dates from 8/31/2022 through 8/31/2026.