X0303 4 2011-01-25 0 0000892160 DERMA SCIENCES, INC. DSCI 0001218007 COLE ROBERT C 1248 YELLOW SPRINGS RD CHESTER SPRINGS PA 19425 0 1 0 0 Executive VP - Sales stock option (right to buy) 4.95 2011-01-25 4 A 0 6500 0 A 2011-01-25 2021-01-20 common stock 6500 6500 D stock option (right to buy) 4.95 2011-01-25 4 A 0 10000 0 A 2021-01-20 common stock 10000 10000 D restricted stock unit 0 2011-01-25 4 A 0 3000 0 A 2012-04-01 common stock 3000 3000 D The options vested as to 25% on January 25, 2011, the date of the execution of the stock option agreement reflecting the subject grant, and will vest as to an additional 25% on January 20 of 2012, 2013 and 2014. The options were issued in consideration of the reporting person's services to the issuer and without payment of cash consideration, under the issuer's stock option plan. The options will vest, if at all, to the extent of the issuer's performance in 2011 and the grantee's contribution thereto as determined by the issuer's board of directors not later than April 1, 2012. Upon vesting, the reporting person will receive the number of shares of the issuer's common stock equal to the number of restricted stock units, without payment of further consideration. The restricted stock units will vest, if at all, to the extent of the issuer's performance in 2011 and the grantee's contribution thereto as determined by the issuer's board of directors not later than April 1, 2012. The restricted stock units were issued in consideration of the reporting person's services to the issuer and without payment of cash consideration, under the issuer's restricted stock plan. Robert C. Cole, by Raymond C. Hedger, Jr., Attorney In Fact 2011-01-25