James L. Herman - Mar 16, 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
Stock symbol
CPIX
Transactions as of
Mar 16, 2022
Transactions value $
-$3,507
Form type
4
Date filed
4/29/2022, 01:04 PM
Previous filing
Jun 11, 2021
Next filing
Mar 21, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CPIX Common Stock Tax liability -$3.51K -1.28K -3.05% $2.74 40.7K Mar 20, 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 +6K $0.00 6K Mar 16, 2022 Common Stock 6K $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.