Karen L. Zaderej - Nov 24, 2021 Form 4 Insider Report for Axogen, Inc. (AXGN)

Role
CEO, Director
Signature
/s/ Karen Zaderej
Stock symbol
AXGN
Transactions as of
Nov 24, 2021
Transactions value $
$0
Form type
4
Date filed
11/29/2021, 03:09 PM
Previous filing
Aug 16, 2021
Next filing
Dec 22, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AXGN Common Stock Options Exercise $469K +52.4K +6.03% $8.95 921K Nov 24, 2021 Direct F1

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 AXGN Employee Stock Option (right to purchase) Options Exercise -$469K -52.4K -25% $8.95 157K Nov 24, 2021 Common Stock 52.4K $8.95 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting Person has elected to exercise and hold the shares at this time.
F2 All shares of Common Stock underlying the employee stock option will be fully vested on December 29, 2020 (4 years from the option grant date) based upon a vesting schedule whereby 25% of the aggregate shares vest on December 29, 2017 (12 months from the option grant date) and an additional 12.5% of the aggregate shares vest each 6 months thereafter.