Kyri K. van Hoose - 23 Dec 2025 Form 4 Insider Report for Dermata Therapeutics, Inc. (DRMA)

Role
SVP, CFO
Signature
/s/ Gerald T. Proehl, Attorney-in-Fact
Issuer symbol
DRMA
Transactions as of
23 Dec 2025
Net transactions value
$0
Form type
4
Filing time
29 Dec 2025, 19:53:09 UTC
Previous filing
23 Jan 2025
Next filing
06 Jan 2026

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Van Hoose Kyri K. SVP, CFO 3525 DEL MAR HEIGHTS RD., #322, SAN DIEGO /s/ Gerald T. Proehl, Attorney-in-Fact 29 Dec 2025 0001860885

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DRMA Common Stock Award +122,549 +1556% 130,423 23 Dec 2025 Direct F1, F2, F3

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 DRMA Series C Warrant (Right to Buy) Award +122,549 122,549 23 Dec 2025 Common Stock 122,549 $2.04 Direct F1, F2, F4
transaction DRMA Series D Warrant (Right to Buy) Award +122,549 122,549 23 Dec 2025 Common Stock 122,549 $2.04 Direct F1, F2, F5
transaction DRMA Warrant (Right to Buy) Disposed to Issuer +7,874 0 23 Dec 2025 Common Stock 7,874 $12.70 Direct F3, F6
transaction DRMA Warrant (Right to Buy) Award +7,874 7,874 23 Dec 2025 Common Stock 7,874 $2.04 Direct F3, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares of common stock and accompanying warrants reported herein were purchased together by the Reporting Person from the Issuer in a private placement (the "Private Placement"), which transaction is exempt from Section 16(b) in accordance with Rule 16b-3(d)(1) promulgated under the Securities Exchange Act of 1934, as amended (the "Exchange Act"). Each share of common stock was purchased together with (i) a series C warrant to purchase one share of common stock and (ii) a series D warrant to purchase one share of common stock. The purchase price per share and accompanying warrants was $2.04.
F2 The purchase price per share of common stock and accompanying warrants was $2.04.
F3 Reflects a one-for-10 reverse stock split effected by the Issuer on August 1, 2025.
F4 This warrant will become exercisable beginning on the effective date of stockholder approval of the issuance of the shares of common stock issuable upon exercise of the warrants issued in the Private Placement. This warrant will expire five years from the effective date of stockholder approval and cannot be exercised by the Reporting Person if, after giving effect thereto, the Reporting Person, together with his/her affiliates, would beneficially own, as determined in accordance with Section 13(d) of the Exchange Act, more than 9.99% of the number of shares of the common stock outstanding immediately after giving effect to such exercise, subject to certain exceptions.
F5 This warrant will become exercisable beginning on the effective date of stockholder approval of the issuance of the shares of common stock issuable upon exercise of the warrants issued in the Private Placement. This warrant will expire two years from the effective date of stockholder approval and cannot be exercised by the Reporting Person if, after giving effect thereto, the Reporting Person, together with his/her affiliates, would beneficially own, as determined in accordance with Section 13(d) of the Exchange Act, more than 9.99% of the number of shares of the common stock outstanding immediately after giving effect to such exercise, subject to certain exceptions.
F6 In connection with the Private Placement, the Reporting Person entered into an amendment to an outstanding warrant issued on January 3, 2025, which amended the exercise price of the outstanding warrant from $12.70 to $2.04. This amendment is reported as the cancellation of the "old" warrant and the purchase of a replacement warrant. The warrant amendment transaction is exempt from Section 16(b) in accordance with Rule 16b-3(e) promulgated under the Exchange Act.