Ph.D. Oliver Schacht - 02 Mar 2022 Form 4 Insider Report for OPGEN INC (OPGN)

Role: Chief Executive Officer, Director
Signature: /s/ Oliver Schacht
Issuer symbol: OPGN
Transactions as of: 02 Mar 2022
Net transactions value: $0
Form type: 4
Filing time: 04 Mar 2022, 10:01:10 UTC
Previous filing: 19 Nov 2021
Next filing: 04 Apr 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	OPGN	Common Stock	Options Exercise	$0	+38,750	+129%	$0.000000	68,750	03 Mar 2022	Direct
holding	OPGN	Common Stock						5,000	02 Mar 2022	As custodian for minor son

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	Restricted Stock Units	Options Exercise	$0	-38,750	-50%	$0.000000	38,750	03 Mar 2022	Common Stock	38,750		Direct	F1, F2
transaction	OPGN	Stock Option Award	Award	$0	+75,000		$0.000000	75,000	02 Mar 2022	Common Stock	75,000	$0.8100	Direct	F3, F4
transaction	OPGN	Restricted Stock Units	Award	$0	+75,000		$0.000000	75,000	02 Mar 2022	Common Stock	75,000		Direct	F5, F6

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

Explanation of Responses:

Id	Content
F1	Represents vesting of restricted stock units ("RSUs") granted in March 2021 that convert into common stock on a one-for-one basis.
F2	On March 3, 2021, the Reporting Person was granted 77,500 RSUs. The RSUs were granted subject to forfeiture, which forfeiture restrictions will lapse as to one half of the award on the first and second anniversaries of the date of grant, subject to acceleration as set forth in the Reporting Person's employment agreement with the Registrant.
F3	The exercise price is based on the closing price for shares of OpGen common stock on the date of grant.
F4	Stock option granted under the terms and provisions of the OpGen 2015 Equity Incentive Plan. The stock option vests in two equal annual installments beginning on March 2, 2023.
F5	Each RSU represents a contingent right to receive one share of OpGen common stock.
F6	RSUs granted on March 2, 2022 pursuant to the OpGen 2015 Equity Incentive Plan. The RSUs have a two year vesting schedule, vesting annually in equal installments beginning March 2, 2023.