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Biofrontera Inc. Director's Dealing 2021

Dec 14, 2021

35198_dirs_2021-12-13_22677dd5-8d98-401a-8c56-ff4ef5e2fb80.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Biofrontera Inc. (BFRI)
CIK: 0001858685
Period of Report: 2021-12-09

Reporting Person: Monaco Erica L. (Chief Executive Officer)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2021-12-09 Restricted Stock Units $ A 56689 Acquired Common Stock (56689) Direct
2021-12-09 Employee stock option (right to buy) $4.41 A 56689 Acquired 2031-12-09 Common Stock (56689) Direct

Footnotes

F1: Each restricted stock unit represents a contingent right to receive one share of BFRI common stock.

F2: The restricted stock units vest on June 9, 2022. Each vested restricted stock unit will be settled, at the Company's discretion, in shares, cash or a combination of shares and cash within 60 days of the vesting date.

F3: The option vests in three equal annual installments beginning on December 9, 2022.