Certain Options of Collegium Pharmaceutical, Inc. are subject to a Lock-Up Agreement Ending on 24-JAN-2017. These Options will be under lockup for 90 days starting from 26-OCT-2016 to 24-JAN-2017. Details: The directors, executive officers and certain of shareholders have agreed that for a period of 90 days after the date of this prospectus, subject to specified exceptions, they will not offer, sell, contract to sell, pledge or otherwise dispose of, directly or indirectly, 10,150,469 shares of common stock or securities convertible into or exchangeable or exercisable for any shares of common stock without the prior written consent of Jefferies LLC and Piper Jaffray & Co.