SEC Form 4 · accession 0001562180-16-003555

Dermira, Inc. · DERM

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Christopher M. Griffith

Officer — VP Corp. Dev. & Strategy

Period of report

Nov 15, 2016

Accepted (ET)

Nov 17, 2016 · 10:05 am EST

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001557883

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I
Common Stock^F1	Nov 15, 2016	M	287	$1.74	A	45,400	D
Common Stock	Nov 15, 2016	M	1,016	$1.218	A	46,416	D
Common Stock^F3	Nov 15, 2016	S	1,003	$33.73	D	45,413	D
Common Stock^F4	Nov 15, 2016	S	300	$34.68	D	45,113	D

Table II — derivative securities

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Employee Stock Options (Right to buy)^F5	$1.74	Nov 15, 2016	M	287	D	—	Feb 6, 2024	Common Stock	287	5,174	D
Employee Stock Options (Right to buy)^F6	$1.218	Nov 15, 2016	M	1,016	D	—	Jan 3, 2023	Common Stock	1,016	50,626	D

Explanation of responses

F1These shares include prior ESPP purchases.
F2These trades were made pursuant to a Rule 10b5-1 trading plan.
F3This transaction was executed in multiple trades at prices ranging from $33.24 to $34.18. The price reported above reflects the weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F4This transaction was executed in multiple trades at prices ranging from $34.56 to $34.83. The price reported above reflects the weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F525% of the total shares underlying the option vested and became exercisable on February 9, 2015 (the one-year anniversary of the vesting commencement date) and 1/48 of the total shares underlying the option vest and become exercisable each month thereafter, subject to the continuing employment of the Reporting person on the applicable vesting date.
F625% of the total shares underlying the option vested and became exercisable on January 4, 2014 (the one-year anniversary of the vesting commencement date) and 1/48 of the total shares underlying the option vest and become exercisable each month thereafter, subject to the continuing employment of the Reporting person on the applicable vesting date.