Anthony Hunt - 02 Mar 2023 Form 4 Insider Report for REPLIGEN CORP (RGEN)

Role
Chief Executive Officer, Director
Signature
/s/ Kimberly Brown (Attorney in Fact)
Issuer symbol
RGEN
Transactions as of
02 Mar 2023
Net transactions value
-$1,549,872
Form type
4
Filing time
06 Mar 2023, 16:23:50 UTC
Previous filing
28 Feb 2023
Next filing
16 Jun 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RGEN Common Stock Award $0 +19,393 +12% $0.000000 184,967 02 Mar 2023 Direct F1
transaction RGEN Common Stock Award $0 +18,584 +10% $0.000000 203,551 03 Mar 2023 Direct F2
transaction RGEN Common Stock Tax liability $1,549,872 -8,244 -4.1% $188.00 195,307 03 Mar 2023 Direct F3

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 RGEN Stock Option (Right to Buy) Award $0 +20,080 $0.000000 20,080 02 Mar 2023 Common Stock 20,080 $180.48 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Mr. Hunt was awarded 19,393 restricted stock units. Each restricted stock unit represents a contingent right to receive one share of Repligen Corporation's Common Stock. The restricted stock units vest in equal annual instalments over a three-year period beginning on the first anniversary of the grant date. The restricted stock units may be settled only by delivering shares of Repligen Corporation's Common Stock, and thus, the grant is being reported in Table 1 as allowed per SEC guidance.
F2 Represents 18,584 shares issued pursuant to a Performance Stock Unit ("PSU") award granted to the Issuer on February 27, 2020. The Compensation Committee authorized the issuance of the underlying shares based upon the Issuer's achievement of pre-established performance criteria set forth in the PSU award.
F3 Represents the number of shares withheld by the Issuer to satisfy tax withholding obligations of the reporting person that arose upon the settlement of the PSUs.
F4 One third of the stock options will vest and become exercisable annually on March 2, 2024, March 2, 2025 and March 2, 2026.