Erick Wayne DeVinney - 27 Dec 2022 Form 4 Insider Report for Axogen, Inc. (AXGN)

Role: VP Peripheral Nerve Science
Signature: /s/Erick DeVinney
Issuer symbol: AXGN
Transactions as of: 27 Dec 2022
Net transactions value: -$0.96
Form type: 4
Filing time: 28 Dec 2022, 20:34:50 UTC
Previous filing: 20 Jul 2022
Next filing: 20 Mar 2023
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	$101,800	+20,000	+21%	$5.09	116,752	27 Dec 2022	Direct	F1
transaction	AXGN	Common Stock	Tax liability	$101,801	-10,784	-9.2%	$9.44	105,968	27 Dec 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 buy)	Options Exercise	$0	-20,000	-100%	$0.000000^*	0	27 Dec 2022	Common Stock	20,000	$5.09	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 20,000 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, the Reporting Person, on a net basis, acquired ownership of an additional 9,216 shares of common stock.