Dennis Erani - May 27, 2021 Form 4 Insider Report for Organogenesis Holdings Inc. (ORGO)

Role
10%+ Owner
Signature
/s/ Dennis Erani
Stock symbol
ORGO
Transactions as of
May 27, 2021
Transactions value $
-$172,741
Form type
4
Date filed
6/28/2021, 09:17 PM
Next filing
Dec 17, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ORGO Class A Common Stock Sale -$173K -9.11K -0.69% $18.97* 1.31M May 27, 2021 Direct F1
holding ORGO Class A Common Stock 2.96M May 27, 2021 By the Dennis Erani 2012 Issue Trust dated 12/20/12
holding ORGO Class A Common Stock 347K May 27, 2021 By the Robert Harry Erani Frick Trust
holding ORGO Class A Common Stock 5.42M May 27, 2021 By the Dennis Erani 2014 GRAT
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted-average price. These shares were sold in multiple transactions at prices ranging from $18.90 to $19.21, inclusive. The reporting person undertakes to provide to Organogenesis, any security holder of Organogenesis, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (1) to this Form 4.

Remarks:

Dennis Erani, Alan A. Ades, Albert Erani, Glenn H. Nussdorf, 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. The reporting person disclaims beneficial ownership of the shares held by the other members of the Group and has no pecuniary interest in the shares held by the other members of the Group, other than the Dennis Erani 2012 Issue Trust.