DERMA SCIENCES, INC. 4
4 · DERMA SCIENCES, INC. · Filed Feb 16, 2017
Insider Transaction Report
Form 4
MOUSSA ROBERT G
Director
Transactions
- Exercise/Conversion
Common Stock
2017-02-10$6.40/sh+4,375$28,000→ 85,771 total - Exercise/Conversion
Stock Option (right to buy)
2017-02-10−4,375→ 0 totalExercise: $6.40From: 2007-03-01Exp: 2017-02-22→ Common Stock (4,375 underlying) - Tax Payment
Common Stock
2017-02-10$7.00/sh−4,000$28,000→ 81,771 total
Footnotes (3)
- [F1]Shares delivered in connection with the cashless exercise of 4,375 options, previously granted pursuant to the issuer's stock option plan, at an exercise price of $6.40, as reported herein.
- [F2]A total of 35,000 of the options were granted pursuant to the issuer's stock option plan on March 1, 2007. Options for 25% of the shares vested immediately and options for the remaining shares vested at the rate of 25% per year starting on February 22, 2008. The revised total of 4,375 options reflects the issuer's 1-for-8 reverse split effective January 1, 2010.
- [F3]The options were originally granted in consideration of the reporting person's services to the issuer and without payment of cash.