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
- 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.
- 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.
- 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.
- The Warrants are currently exercisable.
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