SEC Form 4 · accession 0001179110-17-012194
Axogen, Inc. · AXGN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert James Rudelius
Director
Period of report
Sep 8, 2017
Accepted (ET)
Sep 12, 2017 · 4:02 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000805928
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Sep 8, 2017 | M | 20,000 | $3.50 | A | 43,273 | D | |
| Common StockF1 | Sep 8, 2017 | F | 3,857 | $18.15 | D | 39,416 | D | |
| Common Stock | Sep 11, 2017 | S | 16,143 | $18.00 | D | 23,273 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Director Stock Option (right to purchase) | $3.50 | Sep 8, 2017 | M | 20,000 | D | Dec 31, 2010 | Nov 1, 2017 | Common Stock | 20,000 | 0 | D |
Explanation of responses
- F1This Form is being filed to report the exercise of a stock option for a total of 20,000 shares by means of a cashless exercise. A cashless exercise is a method of exercising a stock option in which the option holder pays the exercise price using shares the reporting person would have received pursuant to the option exercise. As a result of this cashless exercise, the Reporting Person, on a net basis, acquired ownership of an additional 16,143 shares of common stock.
- F2The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 8, 2017.