4//SEC Filing
Broadfin Healthcare Master Fund Ltd 4
Accession 0001103021-22-000022
CIK 0001103021other
Filed
Jan 30, 7:00 PM ET
Accepted
Jan 31, 6:03 PM ET
Size
16.7 KB
Accession
0001103021-22-000022
Insider Transaction Report
Form 4
KOTLER KEVIN
Director
Transactions
- Award
Stock Options (right to buy)
2022-01-27+85,760→ 85,760 total(indirect: See footnote)Exercise: $3.66Exp: 2032-01-26→ Common Stock (85,760 underlying) - Exercise/Conversion
Restricted Stock Units
2022-01-27−7,684→ 7,685 total(indirect: See footnote)Exercise: $0.00Exp: 2023-01-27→ Common Stock (7,684 underlying) - Exercise/Conversion
Common Stock
2022-01-27+7,684→ 5,166,173 total(indirect: See footnote) - Award
Restricted Stock Units
2022-01-27+15,369→ 15,369 total(indirect: See footnote)Exercise: $0.00Exp: 2023-01-27→ Common Stock (15,369 underlying)
Broadfin Capital, LLC
Director
Transactions
- Award
Stock Options (right to buy)
2022-01-27+85,760→ 85,760 total(indirect: See footnote)Exercise: $3.66Exp: 2032-01-26→ Common Stock (85,760 underlying) - Exercise/Conversion
Common Stock
2022-01-27+7,684→ 5,166,173 total(indirect: See footnote) - Award
Restricted Stock Units
2022-01-27+15,369→ 15,369 total(indirect: See footnote)Exercise: $0.00Exp: 2023-01-27→ Common Stock (15,369 underlying) - Exercise/Conversion
Restricted Stock Units
2022-01-27−7,684→ 7,685 total(indirect: See footnote)Exercise: $0.00Exp: 2023-01-27→ Common Stock (7,684 underlying)
Transactions
- Award
Stock Options (right to buy)
2022-01-27+85,760→ 85,760 total(indirect: See footnote)Exercise: $3.66Exp: 2032-01-26→ Common Stock (85,760 underlying) - Award
Restricted Stock Units
2022-01-27+15,369→ 15,369 total(indirect: See footnote)Exercise: $0.00Exp: 2023-01-27→ Common Stock (15,369 underlying) - Exercise/Conversion
Restricted Stock Units
2022-01-27−7,684→ 7,685 total(indirect: See footnote)Exercise: $0.00Exp: 2023-01-27→ Common Stock (7,684 underlying) - Exercise/Conversion
Common Stock
2022-01-27+7,684→ 5,166,173 total(indirect: See footnote)
Footnotes (5)
- [F1]The Restricted Stock Units ("RSUs") were issued to the Reporting Person on January 27, 2022, as compensation for service on the Issuer's board of directors, pursuant to a grant under the Issuer's 2019 Stock Option Incentive Plan ("the Plan"). The award is subject to time-based vesting and vests in equal portions on: (i) January 27, 2022; and (ii) January 27, 2023.
- [F2]4,400,689 shares of Common Stock are held in the account of Broadfin Healthcare Master Fund, Ltd., a private investment fund managed by Broadfin Capital, LLC, and may be deemed to be beneficially owned by Kevin Kotler, managing member of Broadfin Capital, LLC. Broadfin Healthcare Master Fund, Ltd., Broadfin Capital, LLC, and Kevin Kotler affirmatively (i) disclaim beneficial ownership of the reportable securities, (ii) states that this report shall not be deemed an admission that they are the beneficial owner of such securities for purposes of Section 16 ("Section 16") of the Securities Exchange Act of1934, as amended (the "Act") or any other purpose, except to the extent of their pecuniary interest therein, and (iii) disclaim being a "group" for purposes of Section 16.
- [F3]765,484 shares of Common Stock are held in the account of Broadfin Holdings, LLC., a private investment fund, and are deemed to be beneficially owned by Kevin Kotler, managing member of Broadfin Holdings, LLC.
- [F4]The exercise price of the stock options issued to the Reporting Person is equal to the closing price of the Issuer's common stock on January 27, 2022.
- [F5]The stock options were issued to the Reporting Person on January 27, 2022, as compensation for service on the Issuer's board of directors, pursuant to a grant under the Plan. The award is subject to time-based vesting and vests in equal portions on: (i) January 27, 2022; and (ii) January 27, 2023.
Documents
Issuer
BIODELIVERY SCIENCES INTERNATIONAL INC
CIK 0001103021
Entity typeother
Related Parties
1- filerCIK 0001511900
Filing Metadata
- Form type
- 4
- Filed
- Jan 30, 7:00 PM ET
- Accepted
- Jan 31, 6:03 PM ET
- Size
- 16.7 KB