Hermann Luebbert - 22 Jul 2025 Form 4 Insider Report for Biofrontera Inc. (BFRI)

Role
CEO & Chairman, Director
Signature
/s/ Daniel Hakansson, Attorney-in-fact for Hermann Luebbert
Issuer symbol
BFRI
Transactions as of
22 Jul 2025
Transactions value $
$0
Form type
4
Filing time
16 Sep 2025, 21:21:21 UTC
Previous filing
16 Jul 2024
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Luebbert Hermann CEO & Chairman, Director 120 PRESIDENTIAL WAY SUITE 330, WOBURN /s/ Daniel Hakansson, Attorney-in-fact for Hermann Luebbert 16 Sep 2025 0001886492

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BFRI Common Stock Options Exercise +138K +903.95% 153K 10 Sep 2025 Direct F1

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 BFRI Restricted Stock Units Award $0 +125K $0.00 125K 22 Jul 2025 Common Stock 125K Direct F2, F3, F6
transaction BFRI Employee stock option (right to buy) Award $0 +125K $0.00 125K 22 Jul 2025 Common Stock 125K $1.00 Direct F4, F7
transaction BFRI Restricted Stock Units Options Exercise $0 -138K -50% $0.00 138K 10 Sep 2025 Common Stock 138K Direct F1, F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units convert into common stock on a one-for-one basis.
F2 Each restricted stock unit represents a contingent right to receive one share of BFRI common stock. 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 July 22, 2026. 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 The option vests in two equal semi-annual installments beginning on January 22, 2026.
F5 On July 12, 2024 the reporting person was granted 275,000 restricted stock units, vesting in two equal annual installments beginning on July 12, 2025. 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.
F6 Restricted stock units with different terms are not included.
F7 Options with different terms are not included.