Manish Potti - Jun 15, 2021 Form 4 Insider Report for Ocugen, Inc. (OCGN)

Role
Director
Signature
Manish Potti by Sanjay Subramanian, his attorney-in-fact
Stock symbol
OCGN
Transactions as of
Jun 15, 2021
Transactions value $
-$75
Form type
4
Date filed
6/17/2021, 05:23 PM
Next filing
Nov 3, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OCGN Common Stock Exercise of in-the-money or at-the-money derivative security $604K +95.9K +151.16% $6.30 159K Jun 15, 2021 Held by Scotland Parkway LLC F1
transaction OCGN Common Stock Sale -$604K -68.2K -42.8% $8.86 91.1K Jun 15, 2021 Held by Scotland Parkway LLC F1, F2

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 Warrant (Right to Buy) Exercise of in-the-money or at-the-money derivative security $0 -95.9K -100% $0.00* 0 Jun 15, 2021 Common Stock 95.9K $6.30 Held by Scotland Parkway LLC F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting Person is a managing member of Scotland Parkway LLC and has voting and investment power over securities held by Scotland Parkway LLC.
F2 On June 15, 2021, the Reporting Person exercised a warrant to purchase 95,880 shares of common stock for $6.30 a share. The Reporting Person paid the exercise price on a cashless basis, resulting in the Company's withholding of 68,185 of the warrant shares to pay the exercise price and issuing to the Reporting Person the remaining 27,695 shares. The Company also paid $4.89 to the Reporting Person in lieu of a fractional share.