Alfred Altomari - Aug 26, 2024 Form 4 Insider Report for AGILE THERAPEUTICS INC (AGRX)

Signature
/s/ Geoffrey P. Gilmore, Attorney-in-fact
Stock symbol
AGRX
Transactions as of
Aug 26, 2024
Transactions value $
-$72,578
Form type
4
Date filed
8/26/2024, 05:33 PM
Previous filing
May 15, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AGRX Common Stock Disposed to Issuer -$42.8K -28.1K -58.9% $1.52 19.6K Aug 26, 2024 Direct F1
transaction AGRX Common Stock Disposed to Issuer -$29.8K -19.6K -100% $1.52 0 Aug 26, 2024 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Alfred Altomari is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Upon the consummation of the merger (the "Merger") pursuant to that certain Agreement and Plan of Merger (the "Merger Agreement"), dated as of June 25, 2024, by and among Agile Therapeutics, Inc. (the "Company"), Insud Pharma, S.L. ("Insud"), and Exeltis Project, Inc., a Delaware corporation and indirect, wholly owned subsidiary of Insud ("Merger Sub"), 28,125 restricted stock units ("Agile RSUs") were cancelled and converted into the right to receive a cash payment of $1.52 (the "Merger Consideration") per Agile RSU, for an aggregate of $42,750, equal to the product of (x) the Merger Consideration, multiplied by (y) the total number of shares of Common Stock subject to such Agile RSU owned by the reporting person.
F2 Upon the consummation of the Merger, pursuant to the Merger Agreement, 19,624 shares of Common Stock were converted into the right to receive the Merger Consideration, for an aggregate of $29,828, equal to the product of (x) the Merger Consideration, multiplied by (y) the total number of shares of Common Stock owned by the reporting person.