4//SEC Filing
Luebbert Hermann 4
Accession 0001493152-24-028074
CIK 0001858685other
Filed
Jul 15, 8:00 PM ET
Accepted
Jul 16, 7:52 PM ET
Size
8.3 KB
Accession
0001493152-24-028074
Insider Transaction Report
Form 4
Biofrontera Inc.BFRI
Luebbert Hermann
DirectorCEO & Chairman
Transactions
- Award
Employee stock option (right to buy)
2024-07-12+275,000→ 290,211 totalExercise: $1.38Exp: 2034-07-12→ Common Stock (275,000 underlying) - Award
Restricted Stock Units
2024-07-12+275,000→ 275,000 total→ Common Stock (275,000 underlying)
Footnotes (3)
- [F1]Each restricted stock unit represents a contingent right to receive one share of BFRI common stock. The reporting person received the restricted stock units as an award for no consideration.
- [F2]The restricted stock units vest over one year in two equal installments, the first of which will be on the six month anniversary of the grant date and the second of which will be on the one-year anniversary of the grant date. 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 vesting date.
- [F3]The option vests in three virtually equal annual installments beginning on July 12, 2025.
Documents
Issuer
Biofrontera Inc.
CIK 0001858685
Entity typeother
Related Parties
1- filerCIK 0001886492
Filing Metadata
- Form type
- 4
- Filed
- Jul 15, 8:00 PM ET
- Accepted
- Jul 16, 7:52 PM ET
- Size
- 8.3 KB