Gregory Gene Freitag - 25 Jul 2022 Form 4 Insider Report for Axogen, Inc. (AXGN)

Role
Director
Signature
/s/Gregory Freitag
Issuer symbol
AXGN
Transactions as of
25 Jul 2022
Net transactions value
-$0.96
Form type
4
Filing time
26 Jul 2022, 20:42:57 UTC
Previous filing
29 Jun 2022
Next filing
08 Aug 2022
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 $280,540 +83,000 +23% $3.38 441,811 25 Jul 2022 Direct F1
transaction AXGN Common Stock Tax liability $280,541 -30,296 -6.9% $9.26 411,515 25 Jul 2022 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 purchase) Options Exercise $0 -83,000 -100% $0.000000* 0 25 Jul 2022 Common Stock 83,000 $3.38 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This Form is being filed to report the exercise of a stock option for a total of 83,000 shares by means of a stock swap. A stock swap is a method of exercising a stock option in which the option holder pays the exercise price using shares of stock already owned. As a result of this stock swap, the Reporting Person, on a net basis, acquired ownership of an additional 52,704 shares of common stock.