Leo Pavliv - Mar 17, 2021 Form 4 Insider Report for CUMBERLAND PHARMACEUTICALS INC (CPIX)

Role
SVP and Chief Development Off.
Signature
Leo Pavliv by /s/ John Hamm as attorney-in-fact
Stock symbol
CPIX
Transactions as of
Mar 17, 2021
Transactions value $
-$9,241
Form type
4
Date filed
6/11/2021, 05:11 PM
Next filing
Apr 29, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CPIX Common Stock Tax liability -$9.24K -2.87K -1.68% $3.22 168K Mar 17, 2021 Direct F1

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 CPIX Options (right to buy) Award $0 +5K $0.00 5K Mar 17, 2021 Common Stock 5K $3.22 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction represents shares withheld/purchased by the Company to cover the tax withholding obligations for the vesting of shares.
F2 100% vesting on March 17, 2025.