Joseph Lucchese - Sep 27, 2021 Form 4 Insider Report for Timber Pharmaceuticals, Inc. (TMBR)

Role
CFO, Executive VP & Treasurer
Signature
/s/ Joseph Lucchese
Stock symbol
TMBR
Transactions as of
Sep 27, 2021
Transactions value $
$0
Form type
4
Date filed
9/29/2021, 08:04 AM
Next filing
Apr 19, 2022

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 TMBR Stock Option (right to buy) Award $0 +361K $0.00 361K Sep 27, 2021 Common Stock, par value $0.001 per share 361K $0.92 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 25% of the options vest on September 27, 2022, and the remaining shares will become exercisable in equal 36 monthly installments beginning on October 27, 2022, as long as the reporting person remains continuously employed through each vesting date.