Edwards Peter G 4
4 · AZIYO BIOLOGICS, INC. · Filed Mar 10, 2022
Insider Transaction Report
Form 4
Edwards Peter G
GENERAL COUNSEL
Transactions
- Award
Restricted Stock Units
2022-03-08+8,700→ 8,700 total→ Class A Common Stock (8,700 underlying) - Award
Stock Option (Right to Buy)
2022-03-08+31,000→ 31,000 totalExercise: $5.08Exp: 2032-03-08→ Class A Common Stock (31,000 underlying) - Award
Restricted Stock Units
2022-03-08+4,625→ 4,625 total→ Class A Common Stock (4,625 underlying)
Footnotes (4)
- [F1]The option vests as to 25% of the shares on March 8, 2023 and in 12 equal quarterly installments thereafter, such that the option shall be fully vested and exercisable on March 8, 2026.
- [F2]Each restricted stock unit represents a contingent right to receive one share of Issuer Class A Common Stock.
- [F3]The restricted stock units vest if the Issuer's Class A Common Stock achieves a price per share equal to or greater than $10.00 for any period of thirty (30) consecutive trading days prior to March 8, 2024.
- [F4]The restricted stock units vest on September 8, 2022, subject to the Reporting Person's continuous employment with the Issuer through such vesting date.