Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | AXGN | Common Stock | Options Exercise | $0 | +26K | +2.76% | $0.00 | 966K | Mar 16, 2022 | Direct | F1 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | AXGN | Restricted Stock Units | Options Exercise | $0 | -26K | -50% | $0.00 | 26K | Mar 16, 2022 | Common Stock | 26K | Direct | F2, F3 | |
transaction | AXGN | Restricted Stock Units | Award | $0 | +170K | $0.00 | 170K | Mar 16, 2022 | Common Stock | 170K | Direct | F2, F4 | ||
transaction | AXGN | Employee Stock Option (right to purchase) | Award | $0 | +317K | $0.00 | 317K | Mar 16, 2022 | Common Stock | 317K | $10.25 | Direct | F5, F6 |
Id | Content |
---|---|
F1 | This reflects the number of restricted stock units that became vested as of March 16, 2022. |
F2 | Each restricted stock unit represents a contingent right to receive one share of Axogen, Inc. common stock. |
F3 | All shares of Axogen Inc. common stock underlying the restricted stock units will be fully vested on March 16, 2024 (4 years from the grant date) based upon a vesting schedule whereby 50% of the aggregate shares vest on March 16, 2022 (24 months from the grant date) and an additional 25% of the aggregate shares vest each 12 months thereafter. Vested shares will be delivered to the reporting person upon the vesting date. |
F4 | All shares of Axogen Inc. common stock underlying the restricted stock units will be fully vested on March 16, 2026 (4 years from the grant date) based upon a vesting schedule whereby 50% of the aggregateshares vest on March 16, 2024 (24 months from the grant date) and an additional 25% of the aggregate shares vest each 12 months thereafter. Vested shares will be delivered to the reporting person upon the vesting date. |
F5 | The exercise price of $10.25 represents a 25% premium over the fair market value of Axogen common stock on the date of the grant. |
F6 | All shares of Axogen, Inc. common stock underlying the employee stock option will be fully vested on March 16, 2026 (4 years from the option grant date) based upon a vesting schedule whereby 25% of the aggregate shares vest on March 16, 2023 and on each anniversary thereafter. |