Oliver Schacht - Mar 31, 2022 Form 4 Insider Report for OPGEN INC (OPGN)

Role: Chief Executive Officer, Director
Signature: /s/ Oliver Schacht
Stock symbol: OPGN
Transactions as of: Mar 31, 2022
Transactions value $: $0
Form type: 4
Date filed: 4/4/2022, 06:18 AM
Previous filing: Mar 4, 2022
Next filing: Mar 6, 2023

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	Award	$0	+249K		$0.00	249K	Mar 31, 2022	Common Stock	249K		Direct	F1, F2

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

Explanation of Responses:

Id	Content
F1	Represents restricted stock units ("RSUs") granted to Reporting Person in lieu of a cash bonus earned in the amount of $187,068 on March 31, 2022. Each RSU represents a contingent right to receive one share of OpGen common stock.
F2	On March 31, 2022, the Reporting Person was granted 249,390 RSUs with an aggregate value of $187,068 based on OpGen's closing stock price on March 31, 2022 of $0.7501. The RSUs were granted subject to forfeiture, which forfeiture restrictions will lapse upon the first anniversary of the date of grant, subject to acceleration as set forth in the Reporting Person's employment agreement with the Registrant.

Content

Represents restricted stock units ("RSUs") granted to Reporting Person in lieu of a cash bonus earned in the amount of $187,068 on March 31, 2022. Each RSU represents a contingent right to receive one share of OpGen common stock.

On March 31, 2022, the Reporting Person was granted 249,390 RSUs with an aggregate value of $187,068 based on OpGen's closing stock price on March 31, 2022 of $0.7501. The RSUs were granted subject to forfeiture, which forfeiture restrictions will lapse upon the first anniversary of the date of grant, subject to acceleration as set forth in the Reporting Person's employment agreement with the Registrant.