Amy Wendell - Jun 6, 2024 Form 4 Insider Report for Axogen, Inc. (AXGN)

Role: Director
Signature: /s/ Amy Wendell
Stock symbol: AXGN
Transactions as of: Jun 6, 2024
Transactions value $: $0
Form type: 4
Date filed: 6/10/2024, 06:24 PM
Previous filing: May 15, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AXGN	Common Stock	Award		+10.7K	+13.26%		91K	Jun 6, 2024	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	Stock Option (right to purchase)	Award	$0	+18.2K		$0.00	18.2K	Jun 6, 2024	Common Stock	18.2K	$7.04	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each restricted stock unit represents a contingent right to receive one share of Axogen, Inc. common stock.
F2	Annual equity grant for service as Director on the Axogen, Inc. Board of Directors. The number of shares pursuant to the equity grant is based on a $150,000 valuation as of the grant date and vests on June 6, 2025, one year from the anniversary of the grant date. One-half of the annual equity grant is in the form of non-qualified stock options and one-half of the annual equity grant value is in the form of restricted stock units.

Content

Each restricted stock unit represents a contingent right to receive one share of Axogen, Inc. common stock.

Annual equity grant for service as Director on the Axogen, Inc. Board of Directors. The number of shares pursuant to the equity grant is based on a $150,000 valuation as of the grant date and vests on June 6, 2025, one year from the anniversary of the grant date. One-half of the annual equity grant is in the form of non-qualified stock options and one-half of the annual equity grant value is in the form of restricted stock units.