0001567619-18-001417.txt : 20180817
0001567619-18-001417.hdr.sgml : 20180817
20180817201300
ACCESSION NUMBER: 0001567619-18-001417
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20180815
FILED AS OF DATE: 20180817
DATE AS OF CHANGE: 20180817
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: STAPLE PETER D
CENTRAL INDEX KEY: 0001271088
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-36375
FILM NUMBER: 181026891
MAIL ADDRESS:
STREET 1: 863 C MITTEN ROAD
CITY: BURLINGAME
STATE: CA
ZIP: 94010
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Corium International, Inc.
CENTRAL INDEX KEY: 0001594337
STANDARD INDUSTRIAL CLASSIFICATION: PHARMACEUTICAL PREPARATIONS [2834]
IRS NUMBER: 383230774
STATE OF INCORPORATION: DE
FISCAL YEAR END: 0930
BUSINESS ADDRESS:
STREET 1: 235 CONSTITUTION DRIVE
CITY: MENLO PARK
STATE: CA
ZIP: 94025
BUSINESS PHONE: 650-298-8012
MAIL ADDRESS:
STREET 1: 235 CONSTITUTION DRIVE
CITY: MENLO PARK
STATE: CA
ZIP: 94025
4
1
doc1.xml
FORM 4
X0306
4
2018-08-15
0
0001594337
Corium International, Inc.
CORI
0001271088
STAPLE PETER D
C/O CORIUM INTERNATIONAL, INC.
235 CONSTITUTION DRIVE
MENLO PARK
CA
94025
1
1
0
0
President & CEO
Common Stock
2018-08-15
4
M
0
190730
2.121
A
362316
D
Common Stock
2018-08-15
4
F
0
45919
8.81
D
316397
D
Common Stock
2018-08-16
4
S
0
39320
8.6624
D
277077
D
Common Stock
2018-08-17
4
M
0
7813
0
A
284890
D
Common Stock
2018-08-17
4
S
0
2701
9.0086
D
282189
D
Common Stock
2018-08-17
4
S
0
34320
8.9623
D
247869
D
Common Stock
34878
I
By The Staple Family 2006 Trust
Employee Stock Option (Right to Buy)
2.121
2018-08-15
4
M
0
190730
0
D
2018-08-25
Common Stock
190730
0
D
Restricted Stock Units (RSU)
2018-08-17
4
M
0
7813
0
D
Common Stock
7813
23437
D
Represents the number of already-owned shares delivered by the reporting person to pay the exercise price of the expiring employee stock option listed in Table II.
The sales reported were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
Represents the number of shares sold pursuant to a Rule 10b5-1 plan adopted by the reporting person to cover tax obligations in connection with the vesting of the stock options listed in Table II.
The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $8.54 to $8.84 per share, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Represents the number of shares required to be sold by the reporting person to cover tax withholding obligations in connection with the vesting of the RSUs listed in Table II. This sale is mandated by the Issuer's election under its equity incentive plans to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary trade by the reporting person.
The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $8.59 to $9.16 per share, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $8.81 to $9.04 per share, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
This option was fully vested and due to expire on August 25, 2018.
Each Restricted Stock Unit ("RSU") represents the contingent right to receive one share of the issuer's common stock upon settlement.
The RSUs vest as to 1/4 of the total number of shares on January 4, 2018 and then 1/4 of the total number of shares on January 4 of each successive year thereafter, subject to the Issuer's Insider Trading Policy and trading window and to the reporting person's continued service with the Issuer through each vesting date.
/s/Christina Dickerson, Attorney-in-Fact
2018-08-17