Thomas B. Smith - 10 Feb 2025 Form 4 Insider Report for COLLEGIUM PHARMACEUTICAL, INC (COLL)

Signature
/s/ Shirley R. Kuhlmann as Attorney-In-Fact For Thomas B. Smith, MD
Issuer symbol
COLL
Transactions as of
10 Feb 2025
Net transactions value
-$179,976
Form type
4
Filing time
12 Feb 2025, 16:10:38 UTC
Previous filing
17 Sep 2024
Next filing
03 Sep 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction COLL Common Stock Award $0 +33,762 +62% $0.000000 88,326 10 Feb 2025 Direct F1, F2
transaction COLL Common Stock Award $0 +5,313 +6% $0.000000 93,639 10 Feb 2025 Direct F3
transaction COLL Common Stock Tax liability $45,719 -1,498 -1.6% $30.52 92,141 10 Feb 2025 Direct F4
transaction COLL Common Stock Tax liability $134,257 -4,399 -4.8% $30.52 87,742 10 Feb 2025 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects the grant of restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of the Issuer's common stock. One-third (33%) of the RSUs shall vest on February 10, 2026, with the balance of the RSUs vesting in equal annual installments over the following two-year period, subject to the Reporting Person's continued service with the Issuer. The RSUs will be settled on each applicable vesting date in shares of the Issuer's common stock.
F2 Includes 373 and 375 shares acquired on July 19, 2024 and January 17, 2025, respectively, under the Issuer's employee stock purchase plan.
F3 Effective February 10, 2025, the Compensation Committee of the Board of Directors of the Issuer determined that performance-vesting criteria were met with regard to an aggregate of 5,313 performance share units ("PSUs") granted in the Issuer's prior fiscal year.
F4 Shares withheld by the Issuer to satisfy applicable withholding taxes upon the vesting of PSUs.
F5 Shares withheld by the Issuer to satisfy applicable withholding taxes upon the vesting of RSUs.