Home/Filings/4/0001144204-16-086129
4//SEC Filing

DERMA SCIENCES, INC. 4

Accession 0001144204-16-086129

CIK 0000892160operating

Filed

Mar 3, 7:00 PM ET

Accepted

Mar 4, 4:27 PM ET

Size

12.0 KB

Accession

0001144204-16-086129

Insider Transaction Report

Form 4
Period: 2016-03-02
Eigner Frederic
Executive VP - Operations
Transactions
  • Award

    Common Stock

    2016-03-02+3,20052,424 total
  • Tax Payment

    Common Stock

    2016-03-02$3.30/sh1,600$5,28050,824 total
  • Award

    Stock Option (right to buy)

    2016-03-02+10,80010,800 total
    Exercise: $8.83From: 2016-03-02Exp: 2025-02-12Common Stock (10,800 underlying)
  • Award

    Stock Option (right to buy)

    2016-03-02+12,00012,000 total
    Exercise: $3.30From: 2016-03-02Exp: 2026-03-02Common Stock (12,000 underlying)
Footnotes (4)
  • [F1]The shares of common stock reported herein represent restricted stock units issued under the issuer's equity incentive plan in consideration of the reporting person's services to the issuer granted on February 12, 2015, subject to the issuer's satisfaction of certain performance criteria for the fiscal year ending December 31, 2015, and further subject to continued employment through the vesting date. Certain of the performance criteria for 2015 were met, resulting in the vesting of 3,200 restricted stock units.
  • [F2]Shares withheld in connection with the vesting of 3,200 restricted stock units, previously granted pursuant to the issuer's equity incentive plan, at a closing price of $3.30, as reported herein.
  • [F3]The options reported herein were issued under the issuer's equity incentive plan in consideration of the reporting person's services to the issuer granted on February 12, 2015, subject to the issuer's satisfaction of certain performance criteria for the fiscal year ending December 31, 2015, and further subject to continued employment through the vesting date. Certain of the performance criteria for 2015 were met, resulting in the vesting of 10,800 options.
  • [F4]The options, granted pursuant to the issuer's equity incentive plan, vested as to 25% on the grant date and will vest as to an additional 25% on March 2 of 2017, 2018 and 2019.

Issuer

DERMA SCIENCES, INC.

CIK 0000892160

Entity typeoperating
IncorporatedPA

Related Parties

1
  • filerCIK 0000892160

Filing Metadata

Form type
4
Filed
Mar 3, 7:00 PM ET
Accepted
Mar 4, 4:27 PM ET
Size
12.0 KB