Filing Details

Accession Number:
0000921895-13-000746
Form Type:
4
Zero Holdings:
No
Publication Time:
2013-04-04 18:35:03
Reporting Period:
2013-04-02
Filing Date:
2013-04-04
Accepted Time:
2013-04-04 18:35:03
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
892160 Derma Sciences Inc. DSCI Surgical & Medical Instruments & Apparatus (3841) 232328753
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1205885 C William Martin Ten Princeton Avenue
Rocky Hill NJ 08553
No No Yes No
1444376 Raging Capital Management, Llc Ten Princeton Avenue
Rocky Hill NJ 08553
No No Yes No
1566641 Raging Capital Master Fund, Ltd. C/O Ogier Fiduciary Services (Cayman)
89 Nexus Way
Camana Bay, Grand Cayman E9 KY 1-9007
No No Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock, Par Value $0.01 Acquisiton 2013-04-02 125,000 $9.60 1,457,557 No 4 X Indirect By Raging Capital Master Fund, Ltd.
Common Stock, Par Value $0.01 Disposition 2013-04-02 97,324 $12.33 1,360,233 No 4 S Indirect By Raging Capital Master Fund, Ltd.
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 X Indirect By Raging Capital Master Fund, Ltd.
No 4 S Indirect By Raging Capital Master Fund, Ltd.
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock, Par Value $0.01 Series K Warrants (right to buy) Disposition 2013-04-02 125,000 $0.00 125,000 $9.60
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2013-04-01 No 4 X Indirect
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock, Par Value $0.01 Series J Warrants (right to buy) $6.16 2013-05-31 200,893 200,893 Indirect
Common Stock, Par Value $0.01 Series O Warrants (right to buy) $5.50 2015-02-22 128,166 128,166 Indirect
Common Stock, Par Value $0.01 Series R Warrants (right to buy) $9.90 2016-06-24 127,272 127,272 Indirect
Expiration Date Amount Remaning Holdings Nature of Ownership
2013-05-31 200,893 200,893 Indirect
2015-02-22 128,166 128,166 Indirect
2016-06-24 127,272 127,272 Indirect
Footnotes
  1. This Form 4 is filed jointly by Raging Capital Master Fund, Ltd. ("Raging Master"), Raging Capital Management, LLC ("Raging Capital") and William C. Martin (collectively, the "Reporting Persons"). Each of the Reporting Persons may be deemed to be a member of a Section 13(d) group that collectively owns more than 10% of the Issuer's outstanding shares of Common Stock. Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein except to the extent of his or its pecuniary interest therein.
  2. Represents securities owned directly by Raging Master. As the Investment Manager of Raging Master, Raging Capital may be deemed to beneficially own the securities owned directly by Raging Master. As the Managing Member of Raging Capital, Mr. Martin may be deemed to beneficially own the securities owned directly by Raging Master.
  3. Consists of shares of Common Stock withheld by the Issuer to fund the cashless exercise of Series K Warrants owned by Raging Master based on a price of $12.33 per share, the average closing price of the shares during the five business days prior to exercise.
  4. The Warrants are currently exercisable.