Thomas Englese - 08 Mar 2022 Form 4 Insider Report for AZIYO BIOLOGICS, INC. (ELUT)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
10 Mar 2022, 19:46:06 UTC
Prior SEC filing
15 Dec 2021
Next SEC filing
12 Sep 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Jeffrey Hamet, Attorney-in-Fact for Thomas Englese
Filing notes and source

Key filing fact

Thomas Englese filed Form 4 for AZIYO BIOLOGICS, INC. (ELUT) on 10 Mar 2022.

Key facts

  • This page summarizes Thomas Englese's Form 4 filing for AZIYO BIOLOGICS, INC. (ELUT).
  • 6 reported transactions and 4 derivative rows are listed below.
  • Accepted by SEC: 10 Mar 2022, 19:46.

Change

  • Previous filing in this sequence was filed on 15 Dec 2021.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

AZYO transaction

Class A Common Stock

Options Exercise

Transaction value
$0
Shares
+938
Change %
+16%
Price
$0.000000
Shares after
6,883
Date
08 Mar 2022
Ownership
Direct
Footnotes
F1, F2
AZYO transaction

Class A Common Stock

Sale

Transaction value
Shares
-276
Change %
-4%
Price
Shares after
6,607
Date
10 Mar 2022
Ownership
Direct
Footnotes
F3

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

AZYO transaction Derivative

Stock Option (Right to Buy)

Award

Transaction value
$0
Shares
+31,000
Change %
Price
$0.000000
Shares after
31,000
Date
08 Mar 2022
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
31,000
Exercise price
$5.08
Footnotes
F4
AZYO transaction Derivative

Restricted Stock Units

Award

Transaction value
$0
Shares
+8,700
Change %
Price
$0.000000
Shares after
8,700
Date
08 Mar 2022
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
8,700
Exercise price
Footnotes
F5, F6
AZYO transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-938
Change %
-25%
Price
$0.000000
Shares after
2,812
Date
08 Mar 2022
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
938
Exercise price
Footnotes
F1, F7
AZYO transaction Derivative

Restricted Stock Units

Award

Transaction value
$0
Shares
+15,390
Change %
Price
$0.000000
Shares after
15,390
Date
08 Mar 2022
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
15,390
Exercise price
Footnotes
F5, F8
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 8 footnotes

Footnote F1

Restricted stock units convert into shares of Class A Common Stock on a one-for-one basis.

Footnote F2

Includes 857 shares of Class A Common Stock acquired under the Company's 2020 Employee Stock Purchase Plan.

Footnote F3

The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $5.16 to $5.34. The Reporting Person undertakes to provide Aziyo Biologics, Inc. (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission (the "SEC"), upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.

Footnote F4

The option vests as to 25% of the shares on March 8, 2023 and in 12 equal quarterly installments thereafter, such that the option shall be fully vested and exercisable on March 8, 2026.

Footnote F5

Each restricted stock unit represents a contingent right to receive one share of Issuer Class A Common Stock.

Footnote F6

The restricted stock units vest if the Issuer's Class A Common Stock achieves a price per share equal to or greater than $10.00 for any period of thirty (30) consecutive trading days prior to March 8, 2024.

Footnote F7

On March 8, 2021, the Reporting Person was granted 3,750 restricted stock units, vesting in four substantially equal annual installments beginning in March 8, 2022.

Footnote F8

The restricted stock units vest on September 8, 2022, subject to the Reporting Person's continuous employment with the Issuer through such vesting date.

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