Johannes Bacher - Mar 2, 2022 Form 4 Insider Report for OPGEN INC (OPGN)

Role: Chief Operating Officer
Signature: /s/ Johannes Bacher
Stock symbol: OPGN
Transactions as of: Mar 2, 2022
Transactions value $: $0
Form type: 4
Date filed: 3/4/2022, 10:03 AM
Previous filing: Jan 27, 2022
Next filing: Apr 4, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	OPGN	Common Stock	Options Exercise	$0	+21.3K	+35.42%	$0.00	81.3K	Mar 3, 2022	Direct

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	-21.3K	-50%	$0.00	21.3K	Mar 3, 2022	Common Stock	21.3K		Direct	F1, F2
transaction	OPGN	Stock Option Award	Award	$0	+45K		$0.00	45K	Mar 2, 2022	Common Stock	45K	$0.81	Direct	F3, F4
transaction	OPGN	Restriced Stock Units	Award	$0	+45K		$0.00	45K	Mar 2, 2022	Common Stock	45K		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 42,500 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.