SEC Form 4 · accession 0001562180-18-003669
Dermira, Inc. · DERM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Andrew Guggenhime
Officer — COO and CFO
Period of report
Aug 15, 2018
Accepted (ET)
Aug 17, 2018 · 4:05 pm EDT
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 | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Aug 15, 2018 | M | 950 | $0.00 | A | 12,165 | D | |
| Common Stock | Aug 15, 2018 | M | 3,562 | $0.00 | A | 15,727 | D | |
| Common Stock | Aug 15, 2018 | M | 3,563 | $0.00 | A | 19,290 | D | |
| Common Stock | Aug 15, 2018 | F | 329 | $9.58 | D | 18,961 | D | |
| Common Stock | Aug 15, 2018 | F | 1,232 | $9.58 | D | 17,729 | D | |
| Common Stock | Aug 15, 2018 | F | 1,233 | $9.58 | D | 16,496 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF2,F3 | — | Aug 15, 2018 | A | 50,000 | A | — | — | Common Stock | 50,000 | 50,000 | D |
| Restricted Stock UnitF2,F4 | — | Aug 15, 2018 | M | 950 | D | — | — | Common Stock | 950 | 8,550 | D |
| Restricted Stock UnitF2,F5 | — | Aug 15, 2018 | M | 3,562 | D | — | — | Common Stock | 3,562 | 7,125 | D |
| Restricted Stock UnitF2,F6 | — | Aug 15, 2018 | M | 3,563 | D | — | — | Common Stock | 3,563 | 3,562 | D |
Explanation of responses
- F1These shares include prior ESPP purchases.
- F2Each RSU represents a contingent right to receive one share of DERM common stock.
- F3Vests as to 50% of the shares on each of May 17, 2019 and May 17, 2020, subject to the Reporting Person's continuous status as a service provider on the applicable vesting date.
- F4Vested as to 10% of the shares on August 15, 2018. 30% of the shares will vest on each of August 15, 2019, August 15, 2020 and August 15, 2021, subject to the Reporting Person's continuous status as a service provider on the applicable vesting date.
- F5Vested as to 10% of the shares on August 15, 2017 and 30% of the shares on August 15, 2018. 30% of the shares will vest on each of August 15, 2019 and August 15, 2020, subject to the Reporting Person's continuous status as a service provider on the applicable vesting date.
- F6Vested as to 10% of the shares on August 15, 2016 and 30% of the shares on each of August 15, 2017 and August 15, 2018. The remaining 30% of the shares will vest on August 15, 2019, subject to the Reporting Person's continuous status as a service provider on the vesting date.