CUMBERLAND PHARMACEUTICALS INC - Director's Dealing 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CUMBERLAND PHARMACEUTICALS INC (CPIX)
CIK: 0001087294
Period of Report: 2012-05-22

Reporting Person: KAZIMI A J (Director, Chairman and CEO, 10% Owner)

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-05-22	Options	$14.30	D	30000	Disposed	2008-07-31	Common stock (30000)	Direct
2012-05-22	Options	$14.30	D	30000	Disposed	2014-02-16	Common stock (30000)	Direct
2012-05-22	Options	$12.42	D	50000	Disposed	2015-03-26	Common stock (50000)	Direct
2012-05-22	Restricted stock	$0.00	A	13497	Acquired		Common stock (13497)	Direct

F1: Vested 25% per year beginning 12/31/08 - 12/31/11.

F2: Vested 25% per year beginning 12/31/09 - 12/31/12.

F3: Vested 25% per year beginning 12/31/10 - 12/31/13

F4: Restricted shares acquired in exchange for options tendered as part of the Exchange Program that ended on May 21, 2012.

F5: Restricted stock does not expire.