Johannes Bacher - Mar 31, 2022 Form 4 Insider Report for OPGEN INC (OPGN)

Signature
/s/ Johannes Bacher
Stock symbol
OPGN
Transactions as of
Mar 31, 2022
Transactions value $
$0
Form type
4
Date filed
4/4/2022, 06:19 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 +129K $0.00 129K Mar 31, 2022 Common Stock 129K 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 $96,525 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 128,682 RSUs with an aggregate value of $96,525 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.