Shirley R. Kuhlmann - Feb 10, 2025 Form 4 Insider Report for COLLEGIUM PHARMACEUTICAL, INC (COLL)

Signature
/s/ Shirley R. Kuhlmann
Stock symbol
COLL
Transactions as of
Feb 10, 2025
Transactions value $
-$1,067,437
Form type
4
Date filed
2/12/2025, 04:09 PM
Previous filing
Jan 14, 2025
Next filing
Mar 6, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction COLL Common Stock Award $0 +41K +34.37% $0.00 160K Feb 10, 2025 Direct F1
transaction COLL Common Stock Award $0 +29K +18.13% $0.00 189K Feb 10, 2025 Direct F2
transaction COLL Common Stock Tax liability -$300K -9.83K -5.19% $30.52 179K Feb 10, 2025 Direct F3
transaction COLL Common Stock Tax liability -$768K -25.1K -14.02% $30.52 154K Feb 10, 2025 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects the grant of restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of the Issuer's common stock. One-third (33%) of the RSUs shall vest on February 10, 2026, with the balance of the RSUs vesting in equal annual installments over the following two-year period, subject to the Reporting Person's continued service with the Issuer. The RSUs will be settled on each applicable vesting date in shares of the Issuer's common stock.
F2 Effective February 10, 2025, the Compensation Committee of the Board of Directors of the Issuer determined that performance-vesting criteria were met with regard to an aggregate of 29,030 performance share units ("PSUs") granted in the Issuer's three prior fiscal years.
F3 Shares withheld by the Issuer to satisfy applicable withholding taxes upon the vesting of PSUs.
F4 Shares withheld by the Issuer to satisfy applicable withholding taxes upon the vesting of RSUs.