Shankar Musunuri - 07 Jun 2021 Form 4 Insider Report for Ocugen, Inc. (OCGN)

Role
Chief Executive Officer, Director
Signature
Shankar Musunuri by Sanjay Subramanian, his attorney-in-fact
Issuer symbol
OCGN
Transactions as of
07 Jun 2021
Net transactions value
-$325,132
Form type
4
Filing time
09 Jun 2021, 19:22:51 UTC
Next filing
17 Sep 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OCGN Common Stock Options Exercise $2,560 +7,758 +1.9% $0.3300 413,758 07 Jun 2021 Direct
transaction OCGN Common Stock Sale $84,873 -7,758 -1.9% $10.94 406,000 07 Jun 2021 Direct F1
transaction OCGN Common Stock Options Exercise $7,524 +22,800 +5.6% $0.3300 428,800 08 Jun 2021 Direct
transaction OCGN Common Stock Sale $250,344 -22,800 -5.3% $10.98 406,000 08 Jun 2021 Direct F1, F2
holding OCGN Common Stock 1,375,299 07 Jun 2021 By: KVM Holdings LLC F3

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 OCGN Option (Right to Buy) Options Exercise $0 -7,758 -0.57% $0.000000 1,349,387 07 Jun 2021 Common Stock 7,758 $0.3300 Direct F4
transaction OCGN Option (Right to Buy) Options Exercise $0 -22,800 -1.7% $0.000000 1,326,587 08 Jun 2021 Common Stock 22,800 $0.3300 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions in prices ranging from $10.94 to $11.04, inclusive. The Reporting Person undertakes to provide the Company, any security holder of the Company, 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.
F3 The Reporting Person is a member and officer of KVM Holdings, LLC and has voting and investment power power over the shares held by KVM Holdings, LLC.
F4 The option, initially exercisable for 1,357,145 shares of common stock, vests annually in equal installments over three years commencing on May 7, 2021, subject to continued employment with the Company on the applicable vesting dates.