Filing Details

Accession Number:
0001415889-22-002868
Form Type:
4
Zero Holdings:
No
Publication Time:
2022-03-10 20:46:06
Reporting Period:
2022-03-08
Accepted Time:
2022-03-10 20:46:06
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1708527 Aziyo Biologics Inc. AZYO Biological Products, (No Disgnostic Substances) (2836) 474790334
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1825799 Thomas Englese C/O Aziyo Biologics, Inc.
12510 Prosperity Drive, Suite 370
Silver Spring MD 20904
Chief Commercial Officer No No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock Acquisiton 2022-03-08 938 $0.00 6,883 No 4 M Direct
Class A Common Stock Disposition 2022-03-10 276 $0.00 6,607 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class A Common Stock Stock Option (Right to Buy) Acquisiton 2022-03-08 31,000 $0.00 31,000 $5.08
Class A Common Stock Restricted Stock Units Acquisiton 2022-03-08 8,700 $0.00 8,700 $0.00
Class A Common Stock Restricted Stock Units Disposition 2022-03-08 938 $0.00 938 $0.00
Class A Common Stock Restricted Stock Units Acquisiton 2022-03-08 15,390 $0.00 15,390 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
31,000 2032-03-08 No 4 A Direct
8,700 No 4 A Direct
2,812 No 4 M Direct
15,390 No 4 A Direct
Footnotes
  1. Restricted stock units convert into shares of Class A Common Stock on a one-for-one basis.
  2. Includes 857 shares of Class A Common Stock acquired under the Company's 2020 Employee Stock Purchase Plan.
  3. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $5.16 to $5.34. The Reporting Person undertakes to provide Aziyo Biologics, Inc. (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission (the "SEC"), upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
  4. 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.
  5. Each restricted stock unit represents a contingent right to receive one share of Issuer Class A Common Stock.
  6. 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.
  7. On March 8, 2021, the Reporting Person was granted 3,750 restricted stock units, vesting in four substantially equal annual installments beginning in March 8, 2022.
  8. The restricted stock units vest on September 8, 2022, subject to the Reporting Person's continuous employment with the Issuer through such vesting date.