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"Insiders might sell their shares for any number of reasons, but they buy them for only one:
they think the price will rise" - Peter Lynch ==>> What is insider trading>> |

| Transaction & Date | Reported Date |
Company | Symbol | Insider Relationship |
Shares Traded | Average Price | Total Amount |
Shares Ownership |
Filing |
| 2005-11-21- -2005-12-02 Sale |
2005-12-22 6:24 pm | DYADIC INTERNATIONAL INC | DIL | WARNER STEPHEN J (Director) | 17,200 | $2.13 | $36,638 | 274,800 (Indirect) | View |
| 2005-06-09 Sale |
2005-06-13 5:10 pm | DYADIC INTERNATIONAL INC | DIL | WARNER STEPHEN J (Director) | 8,000 | $2.587 | $20,700 | 292,000 (Indirect) |
View |
| Transaction & Date | Reported Date |
Company | Symbol | Insider Relationship |
Shares Traded |
Average Price |
Total Amount | Shares Ownership |
Filing |
| 2006-11-02 Other | 2006-11-03 4:07 pm |
DYADIC INTERNATIONAL INC | DIL | WARNER STEPHEN J (Director) | 322,200 | $0 | $0 | 0 (Direct Indirect) | View |
| 2006-09-19 Other | 2006-09-20 5:32 pm | DYADIC INTERNATIONAL INC | DIL | WARNER STEPHEN J (Director) | 120,000 | $0 | $0 | 214,800 (Direct Indirect) |
View |
| Transaction & Date |
Reported Date | Exercisable Expiration |
Company | Symbol | Insider Relationship |
Shares Traded | Conversion Price |
Shares Ownership | Filing |
| 2007-01-02 Option Award | 2007-01-08 4:32 pm | N/A 2012-01-01 | DYADIC INTERNATIONAL INC | DIL | WARNER STEPHEN J (Director) | 25,000 | $6.1 | 80,000 (Direct) | View |
| 2006-05-31 Other | 2006-06-01 11:47 am | 2004-11-01 2009-10-29 |
DYADIC INTERNATIONAL INC | DIL | WARNER STEPHEN J (Director) | 75,000 | $5.5 | 75,000 (Direct) |
View |
| 2006-02-10 Option Award | 2006-02-13 2:01 pm | N/A 2011-02-09 | DYADIC INTERNATIONAL INC | DIL | WARNER STEPHEN J (Director) | 25,000 | $2.36 | 55,000 (Direct) |
View |
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