Luebbert Hermann 4
4 · Biofrontera Inc. · Filed Sep 16, 2025
Insider Transaction Report
Form 4
Biofrontera Inc.BFRI
Luebbert Hermann
DirectorCEO & Chairman
Transactions
- Award
Restricted Stock Units
2025-07-22+125,000→ 125,000 total→ Common Stock (125,000 underlying) - Exercise/Conversion
Common Stock
2025-09-10+137,500→ 152,711 total - Award
Employee stock option (right to buy)
2025-07-22+125,000→ 125,000 totalExercise: $1.00Exp: 2035-07-22→ Common Stock (125,000 underlying) - Exercise/Conversion
Restricted Stock Units
2025-09-10−137,500→ 137,500 total→ Common Stock (137,500 underlying)
Footnotes (7)
- [F1]Restricted stock units convert into common stock on a one-for-one basis.
- [F2]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.
- [F3]The restricted stock units vest in two equal yearly installments for the first two years following the grant date, beginning on July 22, 2026. 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.
- [F4]The option vests in two equal semi-annual installments beginning on January 22, 2026.
- [F5]On July 12, 2024 the reporting person was granted 275,000 restricted stock units, vesting in two equal annual installments beginning on July 12, 2025. 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.
- [F6]Restricted stock units with different terms are not included.
- [F7]Options with different terms are not included.