SEC Form 4 · accession 0001140361-15-044168
Corium International, Inc. · CORI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joseph J. Sarret
Officer — Chief Business Officer
Period of report
Dec 8, 2015
Accepted (ET)
Dec 10, 2015 · 4:51 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001594337
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy)F1 | $7.94 | Dec 8, 2015 | A | 72,500 | A | — | Dec 7, 2025 | Common Stock | 72,500 | 72,500 | D |
| Restricted Stock Unit (RSU)F2,F3 | — | Dec 8, 2015 | A | 30,000 | A | — | Feb 16, 2020 | Common Stock | 30,000 | 30,000 | D |
Explanation of responses
- F1The stock option vests as to 1/4 of the total number of shares on April 27, 2016, and then 1/48 of the total number of shares monthly thereafter.
- F2Each RSU represents the contingent right to receive one share of the issuer's common stock upon settlement.
- F3The 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.