Erica L. Monaco - May 18, 2023 Form 4 Insider Report for Biofrontera Inc. (BFRI)

Role
Chief Executive Officer
Signature
/s/ Daniel Hakansson, Attorney-in-fact for Erica L Monaco
Stock symbol
BFRI
Transactions as of
May 18, 2023
Transactions value $
$0
Form type
4
Date filed
5/22/2023, 09:03 PM
Previous filing
Sep 19, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BFRI Common Stock Options Exercise +76.3K +134.66% 133K May 18, 2023 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 BFRI Restricted Stock Units Options Exercise $0 -76.3K -50% $0.00 76.3K May 18, 2023 Commom Stock 76.3K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units covert into common stock on a one-for-one basis.
F2 On May 18, 2022, the reporting person was granted 152,672 restricted stock units, vesting in two equal annual installments beginning on May 18,2023.