Luebbert Hermann 4
4 · Biofrontera Inc. · Filed May 26, 2022
Insider Transaction Report
Form 4
Biofrontera Inc.BFRI
Luebbert Hermann
DirectorCEO & Chairman
Transactions
- Award
Restricted Stock Units
2022-05-18+190,840→ 304,219 total→ Common Stock (190,840 underlying) - Award
Employee stock option (right to buy)
2022-05-18+190,840→ 304,219 totalExercise: $2.61Exp: 2032-05-18→ Common Stock (190,840 underlying)
Footnotes (3)
- [F1]Each restricted stock unit represents a contingent right to receive one share of BFRI common stock.
- [F2]The restricted stock units vest in two equal annual installments beginning on May 18, 2023. Each vested restricted stock unit will be settled, at the Company's discretion, in shares, cash or a combination of shares and cash within 60 days of the applicable vesting date.
- [F3]The option vests in three equal annual installments beginning on May 18, 2023.