Glenn H. Nussdorf - May 27, 2021 Form 4 Insider Report for Organogenesis Holdings Inc. (ORGO)

Role
Director, 10%+ Owner
Signature
/s/ Stacie S. Aarestad, Attorney-in-Fact
Stock symbol
ORGO
Transactions as of
May 27, 2021
Transactions value $
-$63,755,000
Form type
4
Date filed
5/28/2021, 09:37 PM
Previous filing
May 10, 2021
Next filing
Nov 22, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ORGO Class A Common Stock Sale -$63.8M -3.89M -6.1% $16.40 59.8M May 27, 2021 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported securities sold were held directly by the Alan Ades 2014 GRAT, which is a member of the Group (as defined below). None of the members of the Group has a pecuniary interest in the securities sold other than Alan A. Ades and the Alan Ades 2014 GRAT.
F2 The sale was executed in a single block trade at $16.40 per share.
F3 Reflects the total number of securities held by the Group.

Remarks:

Alan A. Ades, Albert Erani, Glenn H. Nussdorf, Dennis Erani, Starr Wisdom and certain of their respective affiliates, including Organo PFG LLC, Organo Investors LLC, Dennis Erani 2012 Issue Trust, Alan Ades as Trustee of the Alan Ades 2014 GRAT, Albert Erani Family Trust dated 12/29/2012, GN 2016 Family Trust u/a/d August 12, 2016 and GN 2016 Organo 10-Year GRAT u/a/d September 30, 2016, referred to collectively as the "Group", are parties to a Controlling Stockholders' Agreement dated December 10, 2018 with Organogenesis Holdings Inc. (the "Stockholders' Agreement"). The Stockholders' Agreement, among other things, provides for nomination rights of the Group with respect to four directors of the Issuer. As a result of the Stockholders' Agreement, the reporting persons may be deemed to be members of a group holding over 10% of the outstanding shares of common stock of the issuer for purposes of Section 13(d) of the Securities Exchange Act of 1934, as amended. This is Form 4 No. 2 of 2 filed for the Group.