James L. Herman - 16 Mar 2022 Form 4 Insider Report for CUMBERLAND PHARMACEUTICALS INC (CPIX)

Role
VP and Chief Compliance Office
Signature
James L. Herman by /s/ John Hamm as attorney-in-fact
Issuer symbol
CPIX
Transactions as of
16 Mar 2022
Net transactions value
-$3,507
Form type
4
Filing time
29 Apr 2022, 13:04:36 UTC
Previous filing
11 Jun 2021
Next filing
21 Mar 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CPIX Common Stock Tax liability $3,507 -1,280 -3% $2.74 40,721 20 Mar 2022 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 +6,000 $0.000000 6,000 16 Mar 2022 Common Stock 6,000 $2.59 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 16, 2026.