Peter J. Mariani - Dec 14, 2022 Form 4 Insider Report for Axogen, Inc. (AXGN)

Role
EVP & Chief Financial Officer
Signature
/s/Peter Mariani
Stock symbol
AXGN
Transactions as of
Dec 14, 2022
Transactions value $
-$10
Form type
4
Date filed
12/16/2022, 03:48 PM
Previous filing
Nov 18, 2022
Next filing
Dec 29, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AXGN Common Stock Options Exercise $97.6K +19.4K +65.2% $5.04 49.1K Dec 14, 2022 Direct F1
transaction AXGN Common Stock Tax liability -$97.6K -8.93K -18.2% $10.93 40.1K Dec 14, 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 -19.4K -9.45% $0.00 186K Dec 15, 2022 Common Stock 19.4K $5.04 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 19,364 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 10,434 shares of common stock.