SEC Form 4 · accession 0001562180-18-002432
Dermira, Inc. · DERM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Christopher Horan
Officer — Chief Technical Ops Officer
Period of report
May 7, 2018
Accepted (ET)
May 9, 2018 · 6:16 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001557883
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Options (Right to buy)F1 | $10.14 | May 7, 2018 | A | 140,000 | A | — | May 6, 2028 | Common Stock | 140,000 | 140,000 | D |
| Restricted Stock UnitF2,F3 | — | May 7, 2018 | A | 80,000 | A | — | — | Common Stock | 80,000 | 80,000 | D |
Explanation of responses
- F125% of the total number of shares underlying the option grant will vest on April 2, 2019 and 1/48th of the total number of shares underlying the option grant will vest monthly thereafter, subject to the award recipient continuing to be a "Service Provider" (as defined in the Plan) through the applicable vesting dates.
- F2Each RSU represents a contingent right to receive one share of DERM common stock
- F31/3 of the total number of shares underlying the restricted stock unit grant will vest on May 17, 2019 (the "Initial Vest Date") and 1/3 of the shares underlying the RSU grant will vest each year thereafter until full vested, subject to the award recipient continuing to be a "Service Provider" (as defined in the Plan) through the applicable vesting dates.