SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person*
ESSEX WOODLANDS HEALTH VENTURES FUND VII LP

(Last) (First) (Middle)
C/O ESSEX WOODLANDS HEALTH VENTURES
335 BRYANT STREET, THIRD FLOOR

(Street)
PALO ALTO CA 94301

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
04/02/2014
3. Issuer Name and Ticker or Trading Symbol
Corium International, Inc. [ CORI ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director X 10% Owner
Officer (give title below) Other (specify below)
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Series B Convertible Preferred Stock (1) (1) Common Stock 679,115(2) (1) D
Series C Convertible Preferred Stock (1) (1) Common Stock 2,028,309(2) (1) D
Warrant to Purchase Common Stock (3) 08/02/2017 Common Stock 541,206 $2.121 D
Warrant to Purchase Common Stock (3) 08/02/2017 Common Stock 35,905 $2.121 D
Warrant to Purchase Common Stock (3) 08/02/2017 Common Stock 291,410 $2.121 D
Warrant to Purchase Common Stock (3) 08/02/2017 Common Stock 1,516 $2.121 D
Warrant to Purchase Common Stock (3) 08/02/2017 Common Stock 297,029 $2.121 D
Warrant to Purchase Series C Convertible Preferred Stock (3) 07/02/2020 Series C Convertible Preferred Stock(4) 109,015(4) $0.7338(5) D
Warrant to Purchase Series C Convertible Preferred Stock (3) 12/29/2020 Series C Convertible Preferred Stock(4) 54,507(4) $0.7338(5) D
Convertible Promissory Note (6) 07/01/2017 Common Stock 3,387,146(2) (6) D
Convertible Promissory Note (6) 07/01/2017 Common Stock 1,999,898(2) (6) D
Explanation of Responses:
1. The shares of Series B Convertible Preferred Stock and Series C Convertible Preferred Stock have no expiration date and are convertible at any time at the election of the holder and will automatically convert into shares of Common Stock in connection with the Issuer's initial public offering.
2. The number of shares reflects a 10.1-for-1 reverse stock split of all outstanding shares of Common Stock effected on March 21, 2014.
3. The warrants may be exercised at any time at the election of the holder and will automatically net exercise in connection with the Issuer's initial public offering.
4. Upon conversion of the Series C Convertible Preferred Stock into Common Stock in connection with the Issuer's initial public offering, the underlying shares will be subject to a 10.1-for-1 reverse stock split of all outstanding shares of Common Stock effected on March 21, 2014.
5. Upon conversion of the Series C Convertible Preferred Stock into Common Stock in connection with the Issuer's initial public offering, the exercise price will be adjusted to reflect a 10.1-for-1 reverse stock split of all outstanding shares of Common Stock effected on March 21, 2014.
6. The principal amount and accrued interest will automatically convert into the specified number of shares of Common Stock in connection with the Issuer's initial public offering.
Remarks:
Exhibit List - Exhibit 24 - Power of Attorney
/s/Lowell Segal, Attorney-in-fact 04/02/2014
** Signature of Reporting Person Date
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 5 (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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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