David E. Lazar - Jul 30, 2024 Form 4 Insider Report for OPGEN INC (OPGN)

Role
Chief Executive Officer, Director, 10%+ Owner
Signature
/s/ David E. Lazar
Stock symbol
OPGN
Transactions as of
Jul 30, 2024
Transactions value $
$0
Form type
4
Date filed
8/1/2024, 05:25 PM
Previous filing
May 13, 2024

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 OPGN Series E Convertible Preferred Stock Sale -550K -100% 0 Jul 30, 2024 Common Stock 1.32M Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On July 30, 2024, David E. Lazar (the "Reporting Person") entered into a securies purchase agreement with AEI Capital Group, a third party, pursuant to which the Reporting Person sold (i) 550,000 shares of Series E Convertible Preferred Stock (the "Series E Preferred Stock") of OpGen, Inc. (the "Company") and (ii) the rights to acquire an additional 2,450,000 shares of Series E Preferred Stock for $2,450,000 pursuant to an agreement between the Reporting Person and the Company.
F2 The shares of Series E Preferred Stock are convertible at the option of the Reporting Person for no additional consideration.
F3 The Series E Preferred Stock is perpetual and therefore has no expiration date.