TardiMed Sciences LLC - 18 Aug 2021 Form 4 Insider Report for Timber Pharmaceuticals, Inc.

Role
10%+ Owner
Signature
/s/ Michael Derby, Managing Partner of TardiMed Sciences LLC
Issuer symbol
N/A
Transactions as of
18 Aug 2021
Net transactions value
-$168,170
Form type
4
Filing time
20 Aug 2021, 18:19:16 UTC
Previous filing
15 Jun 2021
Next filing
26 Aug 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TMBR Common Stock, par value $0.001 per share Sale $75,075 -75,000 -1.6% $1.00 4,534,067 18 Aug 2021 Direct F1
transaction TMBR Common Stock, par value $0.001 per share Sale $47,700 -50,000 -1.1% $0.9540 4,484,067 19 Aug 2021 Direct F2
transaction TMBR Common Stock, par value $0.001 per share Sale $45,395 -50,000 -1.1% $0.9079 4,434,067 20 Aug 2021 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price represents the weighted average sales price for multiple transactions reported on this line. The prices of the transactions ranged from $1.00 to $1.01, inclusive. The reporting person undertakes to provide to Timber Pharmaceuticals, Inc. ("Timber"), any security holder of Timber, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.
F2 The price represents the weighted average sales price for multiple transactions reported on this line. The prices of the transactions ranged from $0.95 to $0.96, inclusive. The reporting person undertakes to provide to Timber, any security holder of Timber, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.
F3 The price represents the weighted average sales price for multiple transactions reported on this line. The prices of the transactions ranged from $0.905 to $0.9101, inclusive. The reporting person undertakes to provide to Timber, any security holder of Timber, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.