DALE MICHAEL D 4
4 · Axogen, Inc. · Filed Aug 9, 2024
Insider Transaction Report
Form 4
Axogen, Inc.AXGN
DALE MICHAEL D
Chief Executive Officer
Transactions
- Award
Performance Stock Units
2024-08-09+450,000→ 450,000 total→ Common Stock (450,000 underlying)
Footnotes (1)
- [F1]Each performance stock unit ("PSU") represents the right to receive one share of Common Stock. PSUs will be eligible to be earned by the reporting person based on achievement with respect to an annualized absolute total shareholder return performance goal over a three year performance period beginning February 22, 2024 and ending February 22, 2027. The number of PSUs indicated reflects the "target" number of PSUs granted to the reporting person. The number of PSUs earned could range from 0% to 200% of such target number. The PSUs were granted pursuant to an inducement award agreement outside of the Issuer's Amended and Restated 2019 Long-Term Incentive Plan as a material inducement to the reporting person's acceptance of employment with the Issuer in accordance with NASDAQ Listing Rule 5635(c)(4)