MODD

SEC source: 0001019056-20-000176 · diperna.xml · derivative · entry 1

DiPerna Paul · CIK 0001506126 · Director · See Remarks · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 40,305

Underlying: Common Stock · 4,948 shares

Expires 2029-06-15

F1 · security: The option was fully vested and exercisable on the grant date, in accordance with the terms of an employment agreement between the Issuer and Mr. DiPerna.

F2 · balance_after: In accordance with Instruction 4 to this Form, column 9 reports only total beneficial ownership of the "class" of derivative security reported in column 1. Options that have different exercise prices or vesting terms are not considered to be of the same "class." As a result of the grant reported herein, the Reporting Person currently has aggregate options to purchase a total of 94,344 shares of the Issuer.

SEC source: 0001019056-20-000116 · burns.xml · derivative · entry 1

Burns Liam · CIK 0001596841 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 8,908

Underlying: Common Stock · 4,525 shares

Expires 2029-05-15

F1 · security: This option was fully vested on the date of grant.

F2 · balance_after: In accordance with Instruction 4 to this Form, column 9 reports only total beneficial ownership of the "class" of derivative security reported in Column 1. Options that have different exercise prices or vesting terms are not considered to be of the same "class." As a result of the grant reported herein, the Reporting Person currently has aggregate options to purchase a total of 98,908 shares of the Issuer.

SEC source: 0001019056-20-000174 · diperna.xml · derivative · entry 1

DiPerna Paul · CIK 0001506126 · Director · See Remarks · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 35,357

Underlying: Common Stock · 5,028 shares

Expires 2029-05-15

F1 · security: The option was fully vested and exercisable on the grant date, in accordance with the terms of an employment agreement between the Issuer and Mr. DiPerna.

F2 · balance_after: In accordance with Instruction 4 to this Form, column 9 reports only total beneficial ownership of the "class" of derivative security reported in column 1. Options that have different exercise prices or vesting terms are not considered to be of the same "class." As a result of the grant reported herein, the Reporting Person currently has aggregate options to purchase a total of 89,396 shares of the Issuer.

SEC source: 0001019056-20-000085 · burns.xml · derivative · entry 2

Burns Liam · CIK 0001596841 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 4,382

Underlying: Common Stock · 4,382 shares

Expires 2029-04-15

F1 · security: This option was fully vested on the date of grant, pursuant to a consulting agreement between the Issuer and the Reporting Person.

F2 · balance_after: In accordance with Instruction 4 to this Form, column 9 reports only total beneficial ownership of the "class" of derivative security reported in column 1. Options that have different exercise prices or vesting terms are not considered to be of the same "class."

SEC source: 0001019056-20-000083 · burns.xml · derivative · entry 1

Burns Liam · CIK 0001596841 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 4,382

Underlying: Common Stock · 4,382 shares

Expires 2029-04-15

F1 · security: This option was fully vested on the date of grant.

F2 · balance_after: In accordance with Instruction 4 to this Form, column 9 reports only total beneficial ownership of the "class" of derivative security reported in Column 1. Options that have different exercise prices or vesting terms are not considered to be of the same "class." As a result of the grant reported herein, the Reporting Person currently has aggregate options to purchase a total of 94,382 shares of the Issuer.

SEC source: 0001019056-20-000172 · diperna.xml · derivative · entry 1

DiPerna Paul · CIK 0001506126 · Director · See Remarks · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 30,328

Underlying: Common Stock · 4,869 shares

Expires 2029-04-15

F1 · security: The option was fully vested and exercisable on the grant date, in accordance with the terms of an employment agreement between the Issuer and Mr. DiPerna.

F2 · balance_after: In accordance with Instruction 4 to this Form, column 9 reports only total beneficial ownership of the "class" of derivative security reported in column 1. Options that have different exercise prices or vesting terms are not considered to be of the same "class." As a result of the grant reported herein, the Reporting Person currently has aggregate options to purchase a total of 84,367 shares of the Issuer.

SEC source: 0001019056-20-000148 · diperna.xml · derivative · entry 1

DiPerna Paul · CIK 0001506126 · Director · See Remarks · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 25,459

Underlying: Common Stock · 5,082 shares

Expires 2029-03-15

F1 · security: The option was fully vested and exercisable on the grant date, in accordance with the terms of an employment agreement between the Issuer and Mr. DiPerna.

F2 · balance_after: In accordance with Instruction 4 to this Form, column 9 reports only total beneficial ownership of the "class" of derivative security reported in column 1. Options that have different exercise prices or vesting terms are not considered to be of the same "class." As a result of the grant reported herein, the Reporting Person currently has aggregate options to purchase a total of 79,498 shares of the Issuer.

SEC source: 0001019056-20-000150 · diperna.xml · derivative · entry 8

DiPerna Paul · CIK 0001506126 · Director · See Remarks · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 25,459

Underlying: Common Stock · 5,082 shares

Expires 2029-03-15

F1 · security: The option was fully vested and exercisable on the grant date, in accordance with the terms of an employment agreement between the Issuer and Mr. DiPerna.

F2 · balance_after: In accordance with Instruction 4 to this Form, column 9 reports only total beneficial ownership of the "class" of derivative security reported in column 1. Options that have different exercise prices or vesting terms are not considered to be of the same "class." As a result of the grant reported herein, the Reporting Person currently has aggregate options to purchase a total of 79,498 shares of the Issuer.

SEC source: 0001019056-20-000150 · diperna.xml · derivative · entry 7

DiPerna Paul · CIK 0001506126 · Director · See Remarks · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 20,378

Underlying: Common Stock · 4,921 shares

Expires 2029-02-15

F1 · security: The option was fully vested and exercisable on the grant date, in accordance with the terms of an employment agreement between the Issuer and Mr. DiPerna.

F2 · balance_after: In accordance with Instruction 4 to this Form, column 9 reports only total beneficial ownership of the "class" of derivative security reported in column 1. Options that have different exercise prices or vesting terms are not considered to be of the same "class." As a result of the grant reported herein, the Reporting Person currently has aggregate options to purchase a total of 79,498 shares of the Issuer.

SEC source: 0001019056-20-000146 · diperna.xml · derivative · entry 1

DiPerna Paul · CIK 0001506126 · Director · See Remarks · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 20,378

Underlying: Common Stock · 4,921 shares

Expires 2029-02-15

F1 · security: The option was fully vested and exercisable on the grant date, in accordance with the terms of an employment agreement between the Issuer and Mr. DiPerna.

F2 · balance_after: In accordance with Instruction 4 to this Form, column 9 reports only total beneficial ownership of the "class" of derivative security reported in column 1. Options that have different exercise prices or vesting terms are not considered to be of the same "class." As a result of the grant reported herein, the Reporting Person currently has aggregate options to purchase a total of 74,417 shares of the Issuer.

SEC source: 0001019056-20-000085 · burns.xml · derivative · entry 1

Burns Liam · CIK 0001596841 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 90,000

Underlying: Common Stock · 90,000 shares

Expires 2029-01-16

F1 · security: This option was fully vested on the date of grant, pursuant to a consulting agreement between the Issuer and the Reporting Person.

F2 · balance_after: In accordance with Instruction 4 to this Form, column 9 reports only total beneficial ownership of the "class" of derivative security reported in column 1. Options that have different exercise prices or vesting terms are not considered to be of the same "class."

SEC source: 0001019056-20-000081 · burns.xml · derivative · entry 1

Burns Liam · CIK 0001596841 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 90,000

Underlying: Common Stock · 90,000 shares

Expires 2029-01-16

F1 · security: This option will vest as to one-third of the shares subject to the option on each annual anniversary of January 16, 2019.

SEC source: 0001019056-20-000150 · diperna.xml · derivative · entry 6

DiPerna Paul · CIK 0001506126 · Director · See Remarks · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 15,456

Underlying: Common Stock · 4,808 shares

Expires 2029-01-15

F1 · security: The option was fully vested and exercisable on the grant date, in accordance with the terms of an employment agreement between the Issuer and Mr. DiPerna.

F2 · balance_after: In accordance with Instruction 4 to this Form, column 9 reports only total beneficial ownership of the "class" of derivative security reported in column 1. Options that have different exercise prices or vesting terms are not considered to be of the same "class." As a result of the grant reported herein, the Reporting Person currently has aggregate options to purchase a total of 79,498 shares of the Issuer.

SEC source: 0001019056-20-000144 · diperna.xml · derivative · entry 1

DiPerna Paul · CIK 0001506126 · Director · See Remarks · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 15,456

Underlying: Common Stock · 4,808 shares

Expires 2029-01-15

F1 · security: The option was fully vested and exercisable on the grant date, in accordance with the terms of an employment agreement between the Issuer and Mr. DiPerna.

F2 · balance_after: In accordance with Instruction 4 to this Form, column 9 reports only total beneficial ownership of the "class" of derivative security reported in column 1. Options that have different exercise prices or vesting terms are not considered to be of the same "class." As a result of the grant reported herein, the Reporting Person currently has aggregate options to purchase a total of 69,495 shares of the Issuer.

SEC source: 0001019056-20-000150 · diperna.xml · derivative · entry 5

DiPerna Paul · CIK 0001506126 · Director · See Remarks · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 10,648

Underlying: Common Stock · 5,324 shares

Expires 2028-12-15

F1 · security: The option was fully vested and exercisable on the grant date, in accordance with the terms of an employment agreement between the Issuer and Mr. DiPerna.

F2 · balance_after: In accordance with Instruction 4 to this Form, column 9 reports only total beneficial ownership of the "class" of derivative security reported in column 1. Options that have different exercise prices or vesting terms are not considered to be of the same "class." As a result of the grant reported herein, the Reporting Person currently has aggregate options to purchase a total of 79,498 shares of the Issuer.

SEC source: 0001019056-20-000142 · diperna.xml · derivative · entry 1

DiPerna Paul · CIK 0001506126 · Director · See Remarks · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 10,648

Underlying: Common Stock · 5,324 shares

Expires 2028-12-15

F1 · security: The option was fully vested and exercisable on the grant date, in accordance with the terms of an employment agreement between the Issuer and Mr. DiPerna.

F2 · balance_after: In accordance with Instruction 4 to this Form, column 9 reports only total beneficial ownership of the "class" of derivative security reported in column 1. Options that have different exercise prices or vesting terms are not considered to be of the same "class." As a result of the grant reported herein, the Reporting Person currently has aggregate options to purchase a total of 64,687 shares of the Issuer.

SEC source: 0000919574-18-007647 · ownership.xml · nonDerivative · entry 1

MANCHESTER MANAGEMENT CO LLC · CIK 0001169253 · 10% owner

Manchester Explorer, L.P. · CIK 0001411524 · 10% owner

FRANK MORGAN C. · CIK 0001593072 · 10% owner

BESSER JAMES E · CIK 0001512127 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

F1 · ownership.direct: This Form 4 is being filed by Manchester Explorer, L.P. ("Explorer"), Manchester Management Company, LLC ("MMC"), James E. Besser and Morgan C. Frank as 10% Owners. MMC, provides investment management services to Explorer and other clients. The reported securities may be deemed indirectly beneficially owned by MMC as a result of it being the general partner of Explorer and such other clients. The reported securities may also be deemed to be indirectly beneficially owned by James E. Besser, as a Managing Member of MMC and by Morgan C. Frank, who serves as a portfolio manager and a consultant of MMC. Each of the Reporting Persons disclaim beneficial ownership of the reported securities except to the extent of their pecuniary interest therein, and this report shall not be deemed an admission that such Reporting Persons are the beneficial owners of the securities for purposes of Section 16 of the Securities Exchange Act.

F2 · ownership.direct: The reported 720,001 shares consists of (i) 471,112 shares purchased by Explorer, (ii) 160,000 shares purchased by another client of MMC, and (iii) 88,889 shares purchased by Mr. Besser.

SEC source: 0000919574-21-006529 · ownership.xml · nonDerivative · entry 4

MANCHESTER MANAGEMENT CO LLC · CIK 0001169253 · 10% owner

Manchester Explorer, L.P. · CIK 0001411524 · 10% owner

MANCHESTER MANAGEMENT PR, LLC · CIK 0001735534 · 10% owner

BESSER JAMES E · CIK 0001512127 · 10% owner

FRANK MORGAN C. · CIK 0001593072 · Director · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · See footnote

Disclosed balance after: 917,576

F4 · ownership.nature: The reported securities are owned directly by JEB Partners, L.P. ("JEB Partners") and may be deemed to be indirectly beneficially owned by (i) Manchester Management, the general partner of JEB Partners, (ii) Manchester PR, the investment adviser to Manchester Management, and (iii) James E. Besser, the managing member of Manchester Management and Manchester PR. The Reporting Persons disclaim beneficial ownership of the reported securities except to the extent of their pecuniary interest therein, and this report shall not be deemed an admission that the Reporting Persons are the beneficial owners of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.

SEC source: 0000919574-21-006529 · ownership.xml · nonDerivative · entry 3

MANCHESTER MANAGEMENT CO LLC · CIK 0001169253 · 10% owner

Manchester Explorer, L.P. · CIK 0001411524 · 10% owner

MANCHESTER MANAGEMENT PR, LLC · CIK 0001735534 · 10% owner

BESSER JAMES E · CIK 0001512127 · 10% owner

FRANK MORGAN C. · CIK 0001593072 · Director · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · See footnote

Disclosed balance after: 5,016,566

F3 · ownership.nature: The reported securities are owned directly by Manchester Explorer, L.P. ("Explorer") and may be deemed to be indirectly beneficially owned by (i) Manchester Management Company, LLC ("Manchester Management"), the general partner of Explorer, (ii) Manchester Management PR, LLC ("Manchester PR"), the investment adviser to Manchester Management, (iii) James E. Besser, the managing member of Manchester Management and Manchester PR, and (iv) Morgan Frank, who serves as a portfolio manager and as a consultant for Explorer. The Reporting Persons disclaim beneficial ownership of the reported securities except to the extent of their pecuniary interest therein, and this report shall not be deemed an admission that the Reporting Persons are the beneficial owners of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.

SEC source: 0000919574-21-006529 · ownership.xml · nonDerivative · entry 1

MANCHESTER MANAGEMENT CO LLC · CIK 0001169253 · 10% owner

Manchester Explorer, L.P. · CIK 0001411524 · 10% owner

MANCHESTER MANAGEMENT PR, LLC · CIK 0001735534 · 10% owner

BESSER JAMES E · CIK 0001512127 · 10% owner

FRANK MORGAN C. · CIK 0001593072 · Director · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 269,719

F1 · ownership.direct: The reported securities are directly owned by James E. Besser in his personal capacity.

SEC source: 0001019056-20-000150 · diperna.xml · derivative · entry 4

DiPerna Paul · CIK 0001506126 · Director · See Remarks · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 5,324

Underlying: Common Stock · 5,324 shares

Expires 2028-11-15

F1 · security: The option was fully vested and exercisable on the grant date, in accordance with the terms of an employment agreement between the Issuer and Mr. DiPerna.

F2 · balance_after: In accordance with Instruction 4 to this Form, column 9 reports only total beneficial ownership of the "class" of derivative security reported in column 1. Options that have different exercise prices or vesting terms are not considered to be of the same "class." As a result of the grant reported herein, the Reporting Person currently has aggregate options to purchase a total of 79,498 shares of the Issuer.

SEC source: 0001019056-20-000140 · diperna.xml · derivative · entry 1

DiPerna Paul · CIK 0001506126 · Director · See Remarks · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 5,324

Underlying: Common Stock · 5,324 shares

Expires 2028-11-15

F1 · security: The option was fully vested and exercisable on the grant date, in accordance with the terms of an employment agreement between the Issuer and Mr. DiPerna.

F2 · balance_after: In accordance with Instruction 4 to this Form, column 9 reports only total beneficial ownership of the "class" of derivative security reported in column 1. Options that have different exercise prices or vesting terms are not considered to be of the same "class." As a result of the grant reported herein, the Reporting Person currently has aggregate options to purchase a total of 59,363 shares of the Issuer.

SEC source: 0001019056-20-000150 · diperna.xml · derivative · entry 3

DiPerna Paul · CIK 0001506126 · Director · See Remarks · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 54,039

Underlying: Common Stock · 18,013 shares

Expires 2028-10-15

F1 · security: The option was fully vested and exercisable on the grant date, in accordance with the terms of an employment agreement between the Issuer and Mr. DiPerna.

F2 · balance_after: In accordance with Instruction 4 to this Form, column 9 reports only total beneficial ownership of the "class" of derivative security reported in column 1. Options that have different exercise prices or vesting terms are not considered to be of the same "class." As a result of the grant reported herein, the Reporting Person currently has aggregate options to purchase a total of 79,498 shares of the Issuer.

SEC source: 0001019056-20-000138 · diperna.xml · derivative · entry 1

DiPerna Paul · CIK 0001506126 · Director · See Remarks · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 54,039

Underlying: Common Stock · 18,013 shares

Expires 2028-10-15

F1 · security: The option was fully vested and exercisable on the grant date, in accordance with the terms of an employment agreement between the Issuer and Mr. DiPerna.

F2 · balance_after: In accordance with Instruction 4 to this Form, column 9 reports only total beneficial ownership of the "class" of derivative security reported in column 1. Options that have different exercise prices or vesting terms are not considered to be of the same "class."

SEC source: 0001019056-20-000150 · diperna.xml · derivative · entry 2

DiPerna Paul · CIK 0001506126 · Director · See Remarks · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 36,026

Underlying: Common Stock · 18,013 shares

Expires 2028-09-15

F1 · security: The option was fully vested and exercisable on the grant date, in accordance with the terms of an employment agreement between the Issuer and Mr. DiPerna.

F2 · balance_after: In accordance with Instruction 4 to this Form, column 9 reports only total beneficial ownership of the "class" of derivative security reported in column 1. Options that have different exercise prices or vesting terms are not considered to be of the same "class." As a result of the grant reported herein, the Reporting Person currently has aggregate options to purchase a total of 79,498 shares of the Issuer.

SEC source: 0001019056-20-000136 · diperna.xml · derivative · entry 1

DiPerna Paul · CIK 0001506126 · Director · See Remarks · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 36,026

Underlying: Common Stock · 18,013 shares

Expires 2028-09-15

F1 · security: The option was fully vested and exercisable on the grant date, in accordance with the terms of an employment agreement between the Issuer and Mr. DiPerna.

F2 · balance_after: In accordance with Instruction 4 to this Form, column 9 reports only total beneficial ownership of the "class" of derivative security reported in column 1. Options that have different exercise prices or vesting terms are not considered to be of the same "class."

SEC source: 0001019056-20-000150 · diperna.xml · derivative · entry 1

DiPerna Paul · CIK 0001506126 · Director · See Remarks · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 18,013

Underlying: Common Stock · 18,013 shares

Expires 2028-08-15

F1 · security: The option was fully vested and exercisable on the grant date, in accordance with the terms of an employment agreement between the Issuer and Mr. DiPerna.

F2 · balance_after: In accordance with Instruction 4 to this Form, column 9 reports only total beneficial ownership of the "class" of derivative security reported in column 1. Options that have different exercise prices or vesting terms are not considered to be of the same "class." As a result of the grant reported herein, the Reporting Person currently has aggregate options to purchase a total of 79,498 shares of the Issuer.

SEC source: 0001019056-20-000134 · diperna.xml · derivative · entry 1

DiPerna Paul · CIK 0001506126 · Director · See Remarks · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 18,013

Underlying: Common Stock · 18,013 shares

Expires 2028-08-15

F1 · security: The option was fully vested and exercisable on the grant date, in accordance with the terms of an employment agreement between the company and Mr. DiPerna.

SEC source: 0001019056-17-000635 · modular_4.xml · nonDerivative · entry 2

MANCHESTER MANAGEMENT CO LLC · CIK 0001169253 · 10% owner

Manchester Explorer, L.P. · CIK 0001411524 · 10% owner

FRANK MORGAN C. · CIK 0001593072 · 10% owner

BESSER JAMES E · CIK 0001512127 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 5,664,690

F1 · security: This Form 4 is being filed by Manchester Explorer, L.P. ("Explorer"), Manchester Management Company, LLC (""MMC""), James E. Besser and Morgan C. Frank as 10% Owners, and by Messrs. Frank and Besser as Director. On July 24, 2017 Mr. Besser resigned as a Director of Modular Medical, Inc.

F3 · kind: Simultaneously with the Acquisition, Explorer and Jeb Partners, LP, an affiliate of the reporting persons ("JEBP") purchased in a private placement by the Company (the "Private Placement") 4,545,455 shares and 757,576 shares of the Company's common stock, respectively. A $375,000 portion of the purchase price of the shares acquired by Explorer in the Private Placement was paid by crediting Explorer $375,000 against such purchase price paid by Explorer for the 2,900,000 shares cancelled by Explorer.

F4 · shares: The reported 5,664,690 shares consists of (i) 4,545,455 shares purchased by Explorer in the Private Placement, (ii) 757,576 shares owned by JEBP acquired in the Private Placement, (iii) 180,830 shares owned and acquired by Mr. Frank in the Acquisition, and (iv) 180,830 shares owned and acquired by Mr. Besser in the Acquisition. As a result of the above, MMC and Explorer may be deemed to beneficially own 5,664,690 shares, and each of Messrs. Besser and Frank may be deemed to beneficially own 5,483,860 shares. Each of such persons, however, disclaims beneficial ownership of all shares other than those shares directly owned by it.

F5 · ownership.direct: . MMC, provides investment management services to Explorer and JEBP. The reported securities may be deemed indirectly beneficially owned by MMC as a result of it being the general partner of Explorer and JEBP. The reported securities may also be deemed to be indirectly beneficially owned by James E. Besser, as a Managing Member of MMC and by Morgan C. Frank, who serves as a portfolio manager and a consultant of MMC. Each of the Reporting Persons disclaim beneficial ownership of the reported securities and warrants except to the extent of their pecuniary interest therein.

SEC source: 0001019056-17-000635 · modular_4.xml · nonDerivative · entry 1

MANCHESTER MANAGEMENT CO LLC · CIK 0001169253 · 10% owner

Manchester Explorer, L.P. · CIK 0001411524 · 10% owner

FRANK MORGAN C. · CIK 0001593072 · 10% owner

BESSER JAMES E · CIK 0001512127 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

F1 · security: This Form 4 is being filed by Manchester Explorer, L.P. ("Explorer"), Manchester Management Company, LLC (""MMC""), James E. Besser and Morgan C. Frank as 10% Owners, and by Messrs. Frank and Besser as Director. On July 24, 2017 Mr. Besser resigned as a Director of Modular Medical, Inc.

F2 · kind: On July 24, 2017, Modular Medical, Inc. (the "Company") entered into a Reorganization and Share Exchange Agreement with Messrs. Frank and Besser, Quasuras Inc. ("Quasuras") and Paul DiPerna (the "Acquisition Agreement"), pursuant to which, among other items, the Company acquired Quasuras and Messrs Frank and Besser exchanged their shares of Quasuras for shares of the Company and as a result received in the aggregate 361,660 shares (180,830 each) of the Company's common stock (the "Acquisition"). Additionally, simultaneously and as a condition to the Acquisition and the Private Placement (as defined below), Explorer cancelled all 2,900,000 shares of common stock owned by Explorer prior to the Acquisition.

SEC source: 0001010412-17-000020 · primary_doc.xml · nonDerivative · entry 3

ALBISTON DERRICK M · CIK 0001304684 · Former Vice Pres. and Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 15,000

F4 · shares: Mr. Albiston sold 6,667 shares to a former legal counsel of the Company at $0.02 per share for an aggregate purchase price of $133.34.

F5 · balance_after: The Agreement required that the remaining 15,000 shares owned by Mr. Albiston be pledged to the Company for a period of 12 months under an Indemnification Escrow Agreement and an Indemnification Agreement.

SEC source: 0001010412-17-000020 · primary_doc.xml · nonDerivative · entry 2

ALBISTON DERRICK M · CIK 0001304684 · Former Vice Pres. and Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 21,667

F3 · shares: Mr. Albiston sold 82,416 shares to a person who may be deemed to have been a related party of the Company at $0.02 per share for an aggregate purchase price of $1,648.32.

SEC source: 0001010412-17-000020 · primary_doc.xml · nonDerivative · entry 1

ALBISTON DERRICK M · CIK 0001304684 · Former Vice Pres. and Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 104,083

F2 · shares: 181,633 shares were cancelled to the Company for an aggregate price of $4,000 pursuant to a Common Stock Purchase Agreement dated April 5, 2017 (the "Agreement"), and filed with the Securities and Exchange Commission on that date; the Agreement was closed and completed on April 26, 2017, at which time Mr. Albiston's resignation as an officer and director became effective.

F1 · balance_after: These shares reflect a 3.5 for 1 reverse stock split effective October 23, 2006. The previous ownership reported was 1,000,000 shares beneficially owned, which after the reverse and rounding equals 285,716 shares beneficially owned.

SEC source: 0001010412-17-000019 · primary_doc.xml · nonDerivative · entry 3

ALBISTON TODD L · CIK 0001304681 · Former Sec., Trea and Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 15,000

F4 · shares: Mr. Albiston sold 6,667 shares to a former legal counsel of the Company at $0.02 per share for an aggregate purchase price of $133.34.

F5 · balance_after: The Agreement required that the remaining 15,000 shares owned by Mr. Albiston be pledged to the Company for a period of 12 months under an Indemnification Escrow Agreement and an Indemnification Agreement.

SEC source: 0001010412-17-000019 · primary_doc.xml · nonDerivative · entry 2

ALBISTON TODD L · CIK 0001304681 · Former Sec., Trea and Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 21,667

F3 · shares: Mr. Albiston sold 82,416 shares to a person who may be deemed to have been a related party of the Company at $0.02 per share for an aggregate purchase price of $1,648.32.

SEC source: 0001010412-17-000019 · primary_doc.xml · nonDerivative · entry 1

ALBISTON TODD L · CIK 0001304681 · Former Sec., Trea and Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 104,083

F2 · shares: 181,633 shares were cancelled to the Company for an aggregate price of $4,000 pursuant to a Common Stock Purchase Agreement dated April 5, 2017 (the "Agreement"), and filed with the Securities and Exchange Commission on that date; the Agreement was closed and completed on April 26, 2017, at which time Mr. Albiston's resignation as an officer and director became effective.

F1 · balance_after: These shares reflect a 3.5 for 1 reverse stock split effective October 23, 2006. The previous ownership reported was 1,000,000 shares beneficially owned, which after the reverse and rounding equals 285,716 shares beneficially owned.

SEC source: 0001010412-17-000017 · primary_doc.xml · nonDerivative · entry 3

BASSHAM WAYNE ROBERT · CIK 0001304679 · Former President and director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 15,000

F4 · shares: Mr. Bassham also sold 6,666 shares to a former legal counsel of the Company at $0.02 per share for an aggregate purchase price of $133.32.

F5 · balance_after: The Agreement required that the remaining 15,000 shares owned by Mr. Bassham be pledged to the Company for a period of 12 months under an Indemnification Escrow Agreement and an Indemnification Agreement.

SEC source: 0001010412-17-000017 · primary_doc.xml · nonDerivative · entry 2

BASSHAM WAYNE ROBERT · CIK 0001304679 · Former President and director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 21,666

F3 · shares: Mr. Bassham sold 82,416 shares to a person who may be deemed to have been a related party of the Company at $0.02 per share for an aggregate purchase price of $1,648.32.

SEC source: 0001010412-17-000017 · primary_doc.xml · nonDerivative · entry 1

BASSHAM WAYNE ROBERT · CIK 0001304679 · Former President and director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 104,082

F2 · shares: 181,634 shares were cancelled to the Company for an aggregate price of $4,000 pursuant to a Common Stock Purchase Agreement dated April 5, 2017 (the "Agreement"), and filed with the Securities and Exchange Commission on that date; the Agreement was closed and completed on April 26, 2017, at which time Mr. Bassham's resignation as an officer and director of the Company became effective.

F1 · balance_after: These shares reflect a 3.5 for 1 reverse stock split effective October 23, 2006. The previous ownership reported was 1,000,000 shares beneficially owned, which after the reverse and rounding equals 285,716 shares beneficially owned.