Michael Thomas Heffernan - 12 Dec 2022 Form 4 Insider Report for COLLEGIUM PHARMACEUTICAL, INC (COLL)

Role
Director
Signature
/s/ Colleen Tupper as Attorney-In-Fact For Michael T. Heffernan
Issuer symbol
COLL
Transactions as of
12 Dec 2022
Transactions value $
-$1,334,765
Form type
4
Filing time
14 Dec 2022, 17:06:47 UTC
Previous filing
03 Oct 2022
Next filing
21 Dec 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction COLL Common Stock Options Exercise $159K +10.7K +38.07% $14.90 38.7K 12 Dec 2022 Direct
transaction COLL Common Stock Options Exercise $240K +15.7K +40.68% $15.27 54.4K 12 Dec 2022 Direct
transaction COLL Common Stock Options Exercise $22K +1.51K +2.77% $14.57 55.9K 12 Dec 2022 Direct
transaction COLL Common Stock Sale -$615K -27.9K -49.91% $22.01 28K 12 Dec 2022 Direct F1, F2
transaction COLL Common Stock Options Exercise $887K +59.5K +212.41% $14.90 87.5K 13 Dec 2022 Direct
transaction COLL Common Stock Options Exercise $1.44M +94.3K +107.67% $15.27 182K 13 Dec 2022 Direct
transaction COLL Common Stock Options Exercise $115K +7.9K +4.35% $14.57 190K 13 Dec 2022 Direct
transaction COLL Common Stock Sale -$3.58M -162K -85.23% $22.16 28K 13 Dec 2022 Direct F1, F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction COLL Stock Option (Right to Purchase) Options Exercise $0 -10.7K -100% $0.00* 0 12 Dec 2022 Common Stock 10.7K $14.90 Direct F4
transaction COLL Stock Option (Right to Purchase)t to Options Exercise $0 -15.7K -100% $0.00* 0 12 Dec 2022 Common Stock 15.7K $15.27 Direct F5
transaction COLL Stock Option (Right to Purchase) Options Exercise $0 -1.51K -100% $0.00* 0 12 Dec 2022 Common Stock 1.51K $14.57 Direct F6
transaction COLL Stock Option (Right to Purchase) Options Exercise $0 -59.5K -100% $0.00* 0 13 Dec 2022 Common Stock 59.5K $14.90 Direct F7
transaction COLL Stock Option (Right to Purchase) Options Exercise $0 -94.3K -100% $0.00* 0 13 Dec 2022 Common Stock 94.3K $15.27 Direct F8
transaction COLL Stock Option (Right to Purchase) Options Exercise $0 -7.9K -100% $0.00* 0 13 Dec 2022 Common Stock 7.9K $14.57 Direct F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 10, 2022.
F2 The price reported in column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $22.00 to $22.09, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the U.S. Securities and Exchange Commission (the "SEC"), upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (2).
F3 The price reported in column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $22.00 to $22.44, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (3).
F4 All of the 10,669 option shares are exercisable.
F5 All of the 15,741 option shares are exercisable.
F6 All of the 1,510 option shares are exercisable.
F7 All of the 59,524 option shares are exercisable.
F8 All of the 94,259 option shares are exercisable.
F9 All of the 7,904 option shares are exercisable.