Sec Form 4 Filing - VERU DENNISON T @ Brickell Biotech, Inc. - 2020-02-14

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
VERU DENNISON T
2. Issuer Name and Ticker or Trading Symbol
Brickell Biotech, Inc. [ BBI]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
C/O BRICKELL BIOTECH, INC., 5777 CENTRAL AVENUE, SUITE 102
3. Date of Earliest Transaction (MM/DD/YY)
02/14/2020
(Street)
BOULDER, CO80301
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 02/14/2020 M 3,973 A 954,878 I By Self due to Control over the Entity that holds Shares
Common Stock 02/29/2020 M 787 A 955,665 I By Self due to Control over the Entity that holds Shares
Common Stock 03/31/2020 M 787 A 956,452 I By Self due to Control over the Entity that holds Shares
Common Stock 04/30/2020 M 787 A 957,239 I By Self due to Control over the Entity that holds Shares
Common Stock 05/31/2020 M 787 A 958,026 I By Self due to Control over the Entity that holds Shares
Common Stock 06/03/2020 A 19,642 ( 2 ) A $ 0 26,872 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units ( 1 ) 02/14/2020 M 3,973 ( 3 ) ( 3 ) Common Stock 3,973 $ 0 3,973 I By self due to Control over the Entity that holds RSUs
Restricted Stock Units ( 1 ) 02/29/2020 M 787 ( 3 ) ( 3 ) Common Stock 787 $ 0 787 I By self due to Control over the Entity that holds RSUs
Restricted Stock Units ( 1 ) 03/31/2020 M 787 ( 3 ) ( 3 ) Common Stock 787 $ 0 787 I By self due to Control over the Entity that holds RSUs
Restricted Stock Units ( 1 ) 04/30/2020 M 787 ( 3 ) ( 3 ) Common Stock 787 $ 0 787 I By self due to Control over the Entity that holds RSUs
Restricted Stock Units ( 1 ) 05/31/2020 M 787 ( 3 ) ( 3 ) Common Stock 787 $ 0 787 I By self due to Control over the Entity that holds RSUs
Stock Option (right to buy) $ 1.12 06/03/2020 A 4,333 08/31/2020 06/03/2030 Common Stock 4,333 $ 0 4,333 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
VERU DENNISON T
C/O BRICKELL BIOTECH, INC.
5777 CENTRAL AVENUE, SUITE 102
BOULDER, CO80301
X
Signatures
/s/ Christine G. Long, Attorney-in-Fact for Dennison T. Veru (power of attorney filed herewith) 06/05/2020
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Restricted stock units ("RSUs") converted into common stock on a one-for-one basis.
( 2 )Represents RSUs that are scheduled to vest on August 31, 2020 and will be settled in the form of one share of common stock for each restricted stock unit.
( 3 )These RSUs were granted on February 14, 2020 and vest in installments through August 31, 2020.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

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