4//SEC Filing
Sarret Joseph J. 4
Accession 0001567619-18-001419
CIK 0001594337other
Filed
Aug 16, 8:00 PM ET
Accepted
Aug 17, 8:16 PM ET
Size
13.6 KB
Accession
0001567619-18-001419
Insider Transaction Report
Form 4
Sarret Joseph J.
Chief Business Officer
Transactions
- Exercise/Conversion
Restricted Stock Units (RSU)
2018-08-17−2,813→ 8,437 total→ Common Stock (2,813 underlying) - Sale
Common Stock
2018-08-17$9.01/sh−3,565$32,116→ 16,210 total - Exercise/Conversion
Common Stock
2018-08-17+2,813→ 12,753 total - Exercise/Conversion
Common Stock
2018-08-17+7,500→ 19,775 total - Exercise/Conversion
Restricted Stock Units (RSU)
2018-08-17−7,500→ 15,000 total→ Common Stock (7,500 underlying)
Footnotes (6)
- [F1]Includes 1,000 shares acquired under the Issuer's employee stock purchase plan on May 18, 2018.
- [F2]Represents the number of shares required to be sold by the reporting person to cover tax withholding obligations in connection with the vesting of the Restricted Stock Units ("RSUs") listed in Table II. This sale is mandated by the Issuer's election under its equity incentive plans to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary trade by the reporting person.
- [F3]The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $8.59 to $9.16 per share, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F4]Each RSU represents the contingent right to receive one share of the issuer's common stock upon settlement.
- [F5]The RSUs vest as to 1/4 of the total number of shares on January 4, 2018 and then 1/4 of the total number of shares on January 4 of each successive year thereafter, subject to the Issuer's Insider Trading Policy and trading window and to the reporting person's continued service with the Issuer through each vesting date.
- [F6]The RSUs vest as to 1/4 of the total number of shares on February 16, 2017 and then 1/4 of the total number of shares vest on February 16 of each successive year thereafter, subject to the Issuer's Insider Trading Policy and trading window and to the reporting person's continued service with the Issuer through each vesting date.
Documents
Issuer
Corium International, Inc.
CIK 0001594337
Entity typeother
Related Parties
1- filerCIK 0001488555
Filing Metadata
- Form type
- 4
- Filed
- Aug 16, 8:00 PM ET
- Accepted
- Aug 17, 8:16 PM ET
- Size
- 13.6 KB