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Filing Details

Accession Number:: 0001578563-19-000025
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2019-08-29 17:03:53
Reporting Period:: 2019-08-27

Accepted Time:: 2019-08-29 17:03:53
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1534120	Cerecor Inc.	CERC	()	4

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1316736	Simon Pedder	C/O Cerecor Inc. 540 Gaither Road, Suite 400 Rockville MD 20850	Executive Chairman Of The Bd	Yes	Yes	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2019-08-27	6,734	$2.98	262,734	No	4	P	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Direct

Reported Derivative Holdings

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Sec. Name	Sec. Type	Price	Date	Expiration Date	Amount	Remaning Holdings	Nature of Ownership
Common Stock	Stock Option (Right to Buy)	$5.44	2019-06-28	2029-06-28	117	117	Direct
Common Stock	Stock Option (Right to Buy)	$4.98		2029-05-24	300,000	300,000	Direct
Common Stock	Stock Option (Right to Buy)	$5.17		2029-04-15	300,000	300,000	Direct
Common Stock	Stock Option (Right to Buy)	$5.84		2029-03-29	882	882	Direct
Common Stock	Stock Option (Right to Buy)	$3.23		2028-12-31	1,504	1,504	Direct
Common Stock	Stock Option (Right to Buy)	$4.67		2028-09-28	990	990	Direct
Common Stock	Stock Option (Right to Buy)	$4.34		2028-06-29	1,012	1,012	Direct
Common Stock	Stock Option (Right to Buy)	$3.71		2028-05-14	8,357	8,357	Direct
Common Stock	Stock Option (Right to Buy)	$4.14		2028-04-06	16,714	16,714	Direct

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
2029-06-28	117	117	Direct
2029-05-24	300,000	300,000	Direct
2029-04-15	300,000	300,000	Direct
2029-03-29	882	882	Direct
2028-12-31	1,504	1,504	Direct
2028-09-28	990	990	Direct
2028-06-29	1,012	1,012	Direct
2028-05-14	8,357	8,357	Direct
2028-04-06	16,714	16,714	Direct

Footnotes

This transaction was executed in multiple trades ranging from $2.97 to $2.9941. The price reported in Column 4 is a weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder full information regarding the number of shares and prices at which the transactions were effected.
Granted for service on the Board of Directors as a non-employee Board member prior to appointment to Executive Chairman of the Board.
The stock option was granted on May 24, 2019. One-third of the shares subject to the option will vest upon the Issuer's common stock closing at or above $8.00 per share for three consecutive trading days. The next one-third of the shares subject to the option will vest upon the Issuer's common stock closing at or above $10.50 per share for three consecutive trading days. The final one-third of the shares subject to the option will vest upon the Issuer's common stock closing at or above $13.00 per share for three consecutive trading days.
The stock option was granted on April 15, 2019. One-third of the shares subject to the stock option will vest on the first anniversary of the date of grant, and the remaining two-thirds of the shares subject to the stock option will vest in equal monthly installments over the following 24 months, provided the Reporting Person is then still providing continuous service as an employee, director or consultant.
The stock option is fully vested.
The stock option will vest in three substantially equal installments on April 6, 2019, 2020 and 2021, provided the Reporting Person is then still providing continuous service as an employee, director or consultant.