Jens Kemp - Feb 22, 2024 Form 4 Insider Report for Axogen, Inc. (AXGN)

Role
Chief Marketing Officer
Signature
/s/ Jens Kemp
Stock symbol
AXGN
Transactions as of
Feb 22, 2024
Transactions value $
$0
Form type
4
Date filed
2/23/2024, 04:03 PM
Previous filing
Jan 11, 2024

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 AXGN Performance Stock Units Award $0 +68.6K $0.00 68.6K Feb 22, 2024 Common Stock 68.6K Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the performance stock units ("PSUs") granted to the reporting person pursuant to the Issuer's Amended and Restated 2019 Long-Term Incentive Plan ("Plan") in respect of calendar year 2024. Each PSU represents the right to receive one share of Common Stock. PSUs will be eligible to be earned by the reporting person based on achievement with respect to an annualized absolute total shareholder return performance goal over a three-year performance period beginning February 22, 2024 and ending February 22, 2027, subject to the reporting person's continuous service through the end of such performance period. The number of PSUs indicated reflects the "target" number of PSUs granted to the reporting person and subject to availability under the Plan, the number of PSUs earned could range from 0% to 200% of such target number.