Axogen, Inc. — Director's Dealing 2012

Mar 22, 2012

SEC Form 3/A — Form 3/A

Issuer: AxoGen, Inc. (AXGN)
CIK: 0000805928
Period of Report: 2011-09-30

Reporting Person: Hansen David K (Corporate Controller)

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Employee Stock Option (right to buy)	$0.2683	2016-06-07	Common Stock (4752)		Direct
Employee Stock Option (right to buy)	$0.2683	2017-04-27	Common Stock (932)		Direct
Employee Stock Option (right to buy)	$0.2683	2017-12-06	Common Stock (634)		Direct
Employee Stock Option (right to buy)	$0.2683	2018-11-18	Common Stock (327)		Direct
Employee Stock Option (right to buy)	$0.2683	2020-06-09	Common Stock (3177)		Direct

Footnotes

F1: 100% of the options have vested.

F2: These options vest semi-annually over four years from the date of grant.

F3: Amended to correct mistake in option exercise price after appropriate application of conversion ratio as explained in footnotes.

F4: Pursuant to an Agreement and Plan of Merger, dated as of May 31, 2011, by and among LecTec Corporation ("LecTec"), Nerve Merger Sub Corp., a subsidiary of LecTec ("Merger Sub"), and AxoGen Corporation ("AC"), which the parties amended on June 30, 2011 and August 9, 2011 (as amended, the "Merger Agreement"), Merger Sub merged with and into AC, with AC continuing after the merger as the surviving corporation and a wholly owned subsidiary of LecTec (the "Merger"). The Merger was completed on September 30, 2011, and LecTec was renamed AxoGen, Inc. ("AxoGen"). In connection with the Merger, each share of AC common stock converted into 0.03727336 share of LecTec common stock at the effective time of the Merger. In connection with the Merger, each option to purchase shares of AC common stock was converted tor an option to purchase 0.03727336 of a share of AxoGen common stock.

F5: 555 options have vested, and 79 options are unvested.

F6: 204 options have vested, and 123 options are unvested.

F7: 794 options have vested, and 2,383 options are unvested.