Form 4: Simulations Plus CFO/COO William Frederick Acquires 10,000 Stock Options
SEC Filing
William Frederick, CFO/COO of Simulations Plus, Inc., reports the acquisition of 10,000 stock options in the company.
Summary
- William Frederick, the CFO/COO of Simulations Plus, Inc. (SLP), filed a Form 4 with the SEC.
- The filing reports a transaction that occurred on October 17, 2024, where Frederick acquired 10,000 stock options.
- These options have an exercise price of $33.29.
- The options vest in four equal installments over four years, with the first vesting date being the first anniversary of the grant date.
- Following this transaction, Frederick directly owns 10,000 derivative securities (stock options).
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to stock option grants, which is neutral in sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates the CFO/COO's acquisition of stock options, which is a common form of executive compensation.
Key Dates
| Date | Description |
|---|---|
| 10/17/2024 | Date of stock options transaction |
| 10/16/2034 | Expiration date of the stock options |
| 10/21/2024 | Date of Form 4 filing |
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