Karen L. Zaderej - 12 Aug 2021 Form 4 Insider Report for Axogen, Inc. (AXGN)

Role
CEO, Director
Signature
/s/ Karen Zaderej
Issuer symbol
AXGN
Transactions as of
12 Aug 2021
Net transactions value
$0
Form type
4
Filing time
16 Aug 2021, 16:10:25 UTC
Previous filing
10 Aug 2021
Next filing
29 Nov 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AXGN Common Stock Options Exercise $42,013 +8,254 +1% $5.09 822,272 12 Aug 2021 Direct F1
transaction AXGN Common Stock Options Exercise $170,655 +46,500 +5.7% $3.67 868,772 13 Aug 2021 Direct F1

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 buy) Options Exercise $42,013 -8,254 -24% $5.09 26,746 12 Aug 2021 Common Stock 8,254 $5.09 Direct F1, F2
transaction AXGN Employee Stock Option (right to buy) Options Exercise $170,655 -46,500 -100% $3.67 0 13 Aug 2021 Common Stock 46,500 $3.67 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting Person has elected to exercise and hold the shares at this time.
F2 All shares of Common Stock underlying the employee stock option became fully vested on December 28, 2019 (4 years from the option grant date) based upon a vesting schedule whereby 25% of the aggregate shares vest on December 28, 2016 (12 months from the option grant date) and an additional 12.5% of the aggregate shares vest each 6 months thereafter.
F3 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 vest on December 29, 2015 (12 months from the option grant date) and an additional 12.5% of the aggregate shares vest each 6 months thereafter.