SEC Form 4 · accession 0001209191-15-026791
Axogen, Inc. · AXGN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Shawn F McCarrey
Officer — SVP of Sales
Period of report
Mar 12, 2015
Accepted (ET)
Mar 17, 2015 · 9:34 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000805928
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F1 | $3.20 | Mar 12, 2015 | A | 120,000 | A | Apr 15, 2015 | Mar 13, 2022 | Common Stock | 120,000 | 233,000 | D |
Explanation of responses
- F1The 120,000 shares are employee stock options with quarterly vesting of up to 12.5% of the total options granted in the event certain quarterly revenue goals are exceeded. Shares that do not vest in a quarter are no longer subject to future vesting. Vesting will be over a two year period from the grant date.