Christopher J. Nardo - 04 Jan 2024 Form 4 Insider Report for Dermata Therapeutics, Inc. (DRMA)

Signature
/s/ Gerald T. Proehl, Attorney-in-Fact
Issuer symbol
DRMA
Transactions as of
04 Jan 2024
Net transactions value
$0
Form type
4
Filing time
05 Jan 2024, 21:01:23 UTC
Previous filing
05 Jan 2023
Next filing
14 Jan 2025

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 Stock Option (right to buy Award $0 +50,000 $0.000000 50,000 04 Jan 2024 Common Stock 50,000 $0.6099 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares underlying the option will vest as to 25% upon the 12 month anniversary of the grant date, and will vest as to 75% in 36 equal monthly installments commencing on the 12 month anniversary of the grant date.