| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | BDSI | Common Stock | Options Exercise | $0 | +7.68K | +0.15% | $0.00 | 5.17M | Jan 27, 2022 | See footnote | F1, F2, F3 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | BDSI | Stock Options (right to buy) | Award | $0 | +85.8K | $0.00 | 85.8K | Jan 27, 2022 | Common Stock | 85.8K | $3.66 | See footnote | F2, F3, F4, F5 | |
| transaction | BDSI | Restricted Stock Units | Award | $0 | +15.4K | $0.00 | 15.4K | Jan 27, 2022 | Common Stock | 15.4K | $0.00 | See footnote | F1, F2, F3 | |
| transaction | BDSI | Restricted Stock Units | Options Exercise | $0 | -7.68K | -50% | $0.00 | 7.69K | Jan 27, 2022 | Common Stock | 7.68K | $0.00 | See footnote | F1, F2, F3 |
| Id | Content |
|---|---|
| F1 | The Restricted Stock Units ("RSUs") were issued to the Reporting Person on January 27, 2022, as compensation for service on the Issuer's board of directors, pursuant to a grant under the Issuer's 2019 Stock Option Incentive Plan ("the Plan"). The award is subject to time-based vesting and vests in equal portions on: (i) January 27, 2022; and (ii) January 27, 2023. |
| F2 | 4,400,689 shares of Common Stock are held in the account of Broadfin Healthcare Master Fund, Ltd., a private investment fund managed by Broadfin Capital, LLC, and may be deemed to be beneficially owned by Kevin Kotler, managing member of Broadfin Capital, LLC. Broadfin Healthcare Master Fund, Ltd., Broadfin Capital, LLC, and Kevin Kotler affirmatively (i) disclaim beneficial ownership of the reportable securities, (ii) states that this report shall not be deemed an admission that they are the beneficial owner of such securities for purposes of Section 16 ("Section 16") of the Securities Exchange Act of1934, as amended (the "Act") or any other purpose, except to the extent of their pecuniary interest therein, and (iii) disclaim being a "group" for purposes of Section 16. |
| F3 | 765,484 shares of Common Stock are held in the account of Broadfin Holdings, LLC., a private investment fund, and are deemed to be beneficially owned by Kevin Kotler, managing member of Broadfin Holdings, LLC. |
| F4 | The exercise price of the stock options issued to the Reporting Person is equal to the closing price of the Issuer's common stock on January 27, 2022. |
| F5 | The stock options were issued to the Reporting Person on January 27, 2022, as compensation for service on the Issuer's board of directors, pursuant to a grant under the Plan. The award is subject to time-based vesting and vests in equal portions on: (i) January 27, 2022; and (ii) January 27, 2023. |