Gregory Gene Freitag - May 26, 2021 Form 4 Insider Report for Axogen, Inc. (AXGN)

Role
Director
Signature
/s/Gregory Freitag
Stock symbol
AXGN
Transactions as of
May 26, 2021
Transactions value $
$0
Form type
4
Date filed
5/28/2021, 04:05 PM
Next filing
Jun 3, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AXGN Common Stock Options Exercise $84.2K +23K +10.05% $3.67 251K May 26, 2021 Direct
transaction AXGN Common Stock Options Exercise $45.8K +9K +3.58% $5.09 260K May 26, 2021 Direct
transaction AXGN Common Stock Options Exercise $32.7K +6K +2.3% $5.45 266K May 26, 2021 Direct
transaction AXGN Common Stock Options Exercise $81.8K +15K +5.63% $5.45 281K May 26, 2021 Direct
transaction AXGN Common Stock Options Exercise $448K +50K +17.77% $8.95 331K May 26, 2021 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction AXGN Employee Stock Option (right to purchase) Options Exercise -$84.2K -23K -100% $3.67 0 May 26, 2021 Common Stock 23K $3.67 Direct F1
transaction AXGN Employee Stock Option (right to purchase) Options Exercise -$45.8K -9K -100% $5.09 0 May 26, 2021 Common Stock 9K $5.09 Direct F2
transaction AXGN Employee Stock Option (right to purchase) Options Exercise -$32.7K -6K -100% $5.45 0 May 26, 2021 Common Stock 6K $5.45 Direct F3
transaction AXGN Stock Option (right to purchase) Options Exercise -$81.8K -15K -100% $5.45 0 May 26, 2021 Common Stock 15K $5.45 Direct F4
transaction AXGN Employee Stock Option (right to purchase) Options Exercise -$448K -50K -100% $8.95 0 May 26, 2021 Common Stock 50K $8.95 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 All shares of Common Stock underlying the employee stock option became fully vested on December 29, 2018 (4 years from the option grant date) based upon a vesting schedule whereby 25% of the aggregate shares vested on December 29, 2015 (12 months from the option grant date) and an additional 12.5% of the aggregate shares vested each 6 months thereafter.
F2 All shares of Common Stock underlying the employee stock option became fully vested on December 29, 2019 (4 years from the option grant date) based upon a vesting schedule whereby 25% of the aggregate shares vested on December 29, 2016 (12 months from the option grant date) and an additional 12.5% of the aggregate shares vested each 6 months thereafter.
F3 All shares of Common Stock underlying the employee stock option became fully vested on May 26, 2020 (4 years from the option grant date) based upon a vesting schedule whereby 25% of the aggregate shares vested on May 26, 2017(12 months from the option grant date) and an additional 12.5% of the aggregate shares vested each 6 months thereafter.
F4 All shares of Common Stock underlying the employee stock option became fully vested on December 31, 2016. The option vested in two equal installments beginning on September 30, 2016, and became fully vested on December 31, 2016.
F5 All shares of Common Stock underlying the employee stock option became fully vested on December 29, 2020 (4 years from the option grant date) based upon a vesting schedule whereby 25% of the aggregate shares vested on December 29, 2017 (12 months from the option grant date) and an additional 12.5% of the aggregate shares vested each 6 months thereafter.