Erick Wayne DeVinney - 16 Mar 2024 Form 4 Insider Report for Axogen, Inc. (AXGN)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
25 Mar 2024, 21:40:28 UTC
Prior SEC filing
05 Mar 2024
Next SEC filing
13 Sep 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/Erick DeVinney

Key filing fact

Erick Wayne DeVinney filed Form 4 for Axogen, Inc. (AXGN) on 25 Mar 2024.

Key facts

  • This page summarizes Erick Wayne DeVinney's Form 4 filing for Axogen, Inc. (AXGN).
  • 9 reported transactions and 3 derivative rows are listed below.
  • Accepted by SEC: 25 Mar 2024, 21:40.

Change

  • Previous filing in this sequence was filed on 05 Mar 2024.
  • Current net transaction value: -$35,159.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

AXGN transaction

Common Stock

Options Exercise

Transaction value
$0
Shares
+3,000
Change %
+1.8%
Price
$0.000000
Shares after
166,377
Date
16 Mar 2024
Ownership
Direct
Footnotes
F1
AXGN transaction

Common Stock

Sale

Transaction value
$5,499
Shares
-716
Change %
-0.43%
Price
$7.68
Shares after
165,661
Date
21 Mar 2024
Ownership
Direct
Footnotes
F2
AXGN transaction

Common Stock

Options Exercise

Transaction value
$0
Shares
+2,950
Change %
+1.8%
Price
$0.000000
Shares after
168,611
Date
16 Mar 2024
Ownership
Direct
Footnotes
F1
AXGN transaction

Common Stock

Sale

Transaction value
$5,537
Shares
-721
Change %
-0.43%
Price
$7.68
Shares after
167,890
Date
21 Mar 2024
Ownership
Direct
Footnotes
F2
AXGN transaction

Common Stock

Options Exercise

Transaction value
$0
Shares
+12,725
Change %
+7.6%
Price
$0.000000
Shares after
180,615
Date
16 Mar 2024
Ownership
Direct
Footnotes
F1
AXGN transaction

Common Stock

Sale

Transaction value
$24,123
Shares
-3,141
Change %
-1.7%
Price
$7.68
Shares after
177,474
Date
21 Mar 2024
Ownership
Direct
Footnotes
F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

AXGN transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-3,000
Change %
-100%
Price
$0.000000*
Shares after
0
Date
16 Mar 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
3,000
Exercise price
Footnotes
F3, F4
AXGN transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-2,950
Change %
-50%
Price
$0.000000
Shares after
2,950
Date
16 Mar 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
2,950
Exercise price
Footnotes
F3, F5
AXGN transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-12,725
Change %
-50%
Price
$0.000000
Shares after
12,725
Date
16 Mar 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
12,725
Exercise price
Footnotes
F3, F6
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 6 footnotes

Footnote F1

This reflects the number of restricted stock units that became vested as of March 16, 2024.

Footnote F2

Represents the number of shares required to be sold by the reporting person to cover tax withholding obligations in connection with the vesting of restricted stock units. This sale is mandated by the Issuer's election under its equity incentive plans to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary trade by the reporting person.

Footnote F3

Each restricted stock unit represents a contingent right to receive one share of Axogen, Inc. common stock.

Footnote F4

All shares of Axogen Inc. common stock underlying the restricted stock units 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, 25% of the aggregate shares vest on March 16, 2023, and 25% of the aggregate shares vest on March 16, 2024. Vested shares will be delivered to the reporting person upon the vesting date.

Footnote F5

All shares of Axogen Inc. common stock underlying the restricted stock units will be fully vested on March 16, 2025 (4 years from the grant date) based upon a vesting schedule whereby 50% of the aggregate shares vest on March 16, 2023, 25% of the aggregate shares vest on March 16, 2024, and 25% of the aggregate shares vest on March 16, 2025. Vested shares will be delivered to the reporting person upon the vesting date.

Footnote F6

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.

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