Shankar Musunuri - Jan 3, 2023 Form 4 Insider Report for Ocugen, Inc. (OCGN)

Role
Chief Executive Officer, Director
Signature
/s/ Shankar Musunuri by Jessica Crespo, his attorney-in-fact
Stock symbol
OCGN
Transactions as of
Jan 3, 2023
Transactions value $
-$122,346
Form type
4
Date filed
2/17/2023, 04:11 PM
Previous filing
Dec 20, 2022
Next filing
Jan 19, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OCGN Common Stock Tax liability -$47.3K -37.9K -1.7% $1.25 2.19M Jan 3, 2023 Direct F1
transaction OCGN Common Stock Options Exercise $33K +100K +4.57% $0.33 2.29M Feb 16, 2023 Direct
transaction OCGN Common Stock Sale -$108K -100K -4.37% $1.08 2.19M Feb 16, 2023 Direct F2, F3
holding OCGN Common Stock 1.15M Jan 3, 2023 By: KVM Holdings, LLC F4

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 OCGN Option (Right to Buy) Options Exercise $0 -100K -15.88% $0.00 530K Feb 16, 2023 Common Stock 100K $0.33 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This Form 4 is being filed late due to an administrative error.
F2 This sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
F3 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $1.06 to $1.10. The Reporting Person undertakes to provide Ocugen, Inc. (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
F4 The Reporting Person is a member and officer of KVM Holdings, LLC and has voting and investment power over the shares held by KVM Holdings, LLC.
F5 The options, initially representing a right to purchase 1,357,145 shares, vest and become exercisable in equal annual installments over three years commencing on May 7, 2021, subject to continued service with the Company on the applicable vesting dates.