Monaco Erica L. 4
4 · Biofrontera Inc. · Filed May 26, 2022
Insider Transaction Report
Form 4
Biofrontera Inc.BFRI
Monaco Erica L.
Chief Executive Officer
Transactions
- Award
Restricted Stock Units
2022-05-18+152,672→ 209,361 total→ Common Stock (152,672 underlying) - Award
Employee stock option (right to buy)
2022-05-18+152,672→ 209,361 totalExercise: $2.61Exp: 2032-05-18→ Common Stock (152,672 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.