JOHN JOHNSON - 06 Jun 2024 Form 4 Insider Report for Axogen, Inc. (AXGN)

Role: Director
Signature: /s/ John Johnson
Issuer symbol: AXGN
Transactions as of: 06 Jun 2024
Net transactions value: $0
Form type: 4
Filing time: 10 Jun 2024, 18:20:59 UTC
Previous filing: 05 Jun 2024
Next filing: 20 Jun 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AXGN	Common Stock	Award		+10,653	+165%		17,112	06 Jun 2024	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)	Award	$0	+18,248		$0.000000	18,248	06 Jun 2024	Common Stock	18,248	$7.04	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each restricted stock unit represents a contingent right to receive one share of Axogen, Inc. common stock.
F2	Annual equity grant for service as Director on the Axogen, Inc. Board of Directors. The number of shares pursuant to the equity grant is based on a $150,000 valuation as of the grant date and vests on June 6, 2025, one year anniversary of the grant date. One-half of the annual equity grant value is in the form of non-qualified stock options and one-half of the annual equity grant value is in the form of restricted stock units.

Content

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

Annual equity grant for service as Director on the Axogen, Inc. Board of Directors. The number of shares pursuant to the equity grant is based on a $150,000 valuation as of the grant date and vests on June 6, 2025, one year anniversary of the grant date. One-half of the annual equity grant value is in the form of non-qualified stock options and one-half of the annual equity grant value is in the form of restricted stock units.