Biofrontera grants RSUs and options to executive
Biofrontera Inc. reported that Chief Commercial Officer George Patrick Jones acquired new equity-based compensation.
Rhea-AI Filing Summary
Biofrontera Inc. reported that Chief Commercial Officer George Patrick Jones acquired new equity-based compensation. He received 50,000 restricted stock units, each representing a contingent right to one share of BFRI common stock awarded for no consideration.
He also received an option for 50,000 shares with a grant price of $0.00. The option vests in two equal installments on September 4, 2026 and March 4, 2027. The restricted stock units vest in two equal yearly installments beginning March 4, 2027, and each vested unit will be settled in shares, cash, or a combination within 60 days at the company’s discretion.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 50,000 | $0.00 | $0.00 |
| Grant/Award | Employee stock option (right to buy) | 50,000 | $0.00 | $0.00 |
Footnotes (4)
- F1. The option vests in two equal installments, the first of which will take place on September 4, 2026 and the second of which will take place on March 4, 2027.
- F2. Each restricted stock unit represents a contingent right to receive one share of BFRI common stock, subject to the company's discretion to settle the restricted stock units, in whole or in part, in cash, as discussed below in footnote 3. The reporting person received the restricted stock units as an award for no consideration.
- F3. The restricted stock units vest in two equal yearly installments for the first two years following the grant date, beginning on March 4, 2027. Each vested restricted stock unit will be settled, at the Company's discretion, in shares, cash or a combination of shares and cash within 60 days of the vesting date.
- F4. Options with different terms are not included
FAQ
What equity awards did Biofrontera (BFRI) grant to its Chief Commercial Officer?
How do the new restricted stock units for Biofrontera (BFRI) vest?
What is the vesting schedule of the new stock options at Biofrontera (BFRI)?
Did the Biofrontera (BFRI) executive pay anything for these equity awards?
How many derivative securities does the Biofrontera (BFRI) executive hold after these grants?
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