| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | ORGN | Common Stock | Sale | -$19.1K | -17.6K | -3.69% | $1.08 | 460K | Dec 13, 2024 | Direct | F1, F2 |
| transaction | ORGN | Common Stock | Sale | -$32.4K | -30K | -6.52% | $1.08 | 430K | Dec 13, 2024 | Direct | F2, F3 |
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
| Id | Content |
|---|---|
| F1 | The sales reported on this Form 4 represent shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of restricted stock units. The sales were to satisfy tax withholding obligations to be funded by a "sell to cover" transaction and do not represent discretionary transactions by the Reporting Person. |
| F2 | Price reported is a weighted-average sales price. The shares were sold at prices ranging from $1.065 to $1.11. The reporting person will provide upon request to the SEC, the Issuer or security holder of the Issuer, full information regarding the number of shares sold at each separate price. |
| F3 | The sales reported on this Form 4 represent shares sold by the Reporting Person pursuant to a 10b5-1 Plan dated September 13, 2024, to cover tax obligations in connection with the exercise of vested incentive stock options. |