Jon Snodgres - 02 Mar 2023 Form 4 Insider Report for REPLIGEN CORP (RGEN)

Signature
/s/ Kimberly Brown (Attorney in Fact)
Issuer symbol
RGEN
Transactions as of
02 Mar 2023
Net transactions value
-$690,712
Form type
4
Filing time
06 Mar 2023, 16:33:56 UTC
Previous filing
01 Mar 2023
Next filing
16 May 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RGEN Common Stock Award $0 +4,848 +17% $0.000000 32,970 02 Mar 2023 Direct F1
transaction RGEN Common Stock Award $0 +8,795 +27% $0.000000 41,765 03 Mar 2023 Direct F2
transaction RGEN Common Stock Tax liability $690,712 -3,674 -8.8% $188.00 38,091 03 Mar 2023 Direct F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction RGEN Stock Option (Right to Buy) Award $0 +5,019 $0.000000 5,019 02 Mar 2023 Common Stock 5,019 $180.48 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Mr. Snodgres was awarded 4,848 restricted stock units. Each restricted stock unit represents a contingent right to receive one share of Repligen Corporation's Common Stock. The restricted stock units vest in equal annual instalments over a three-year period beginning on the first anniversary of the grant date. The restricted stock units may be settled only by delivering shares of Repligen Corporation's Common Stock, and thus, the grant is being reported in Table 1 as allowed per SEC guidance.
F2 Represents 625 shares issued pursuant to a Performance Stock Unit ("PSU") award granted to the Issuer on January 1, 2022, and 8,170 shares issued pursuant to a PSU award granted to the Issuer on February 27, 2020. The Compensation Committee authorized the issuance of the underlying shares based upon the Issuer's achievement of pre-established performance criteria set forth in the PSU awards.
F3 Represents the number of shares withheld by the Issuer to satisfy tax withholding obligations of the reporting person that arose upon the settlement of the PSUs.
F4 One third of the stock options will vest and become exercisable annually on March 2, 2024, March 2, 2025, and March 2, 2026.