X0202 4 2005-03-31 0 0000892160 DERMA SCIENCES, INC. DSCI 0001218007 COLE ROBERT C 1248 YELLOW SPRINGS RD CHESTER SPRINGS PA 19425 0 1 0 0 VP for Sales & Marketing stock options (right to buy) 0.5 2005-03-31 4 A 0 150000 A 2005-03-31 2015-03-31 common stock 150000 126875 D Options for 37,500 shares vest as to 9,375 shares per year, starting on the grant date. Options for the remaining 112,500 shares vest upon performance at the discretion of the board of directors. The options were issued in consideration of the reporting person's services to the issuer and without payment of cash consideration. Robert C. Cole by Raymond C. Hedger, Jr., Attorney In Fact 2005-03-31