secwatch.observer — SEC 8-K summary
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Issuer:     Axogen, Inc. (AXGN)
CIK:        0000805928
Form:       8-K/A
Filed at:   2024-01-05T23:59:59+00:00
Accession:  0000805928-24-000011
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Axogen CFO Peter Mariani departs; receives $473K severance, $25K/month consulting
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- CFO Peter Mariani separated effective Dec 22, 2023; lump sum severance $472,999.54 (12 months base) plus bonus equivalent $60,437.83.
- Consulting agreement for 12 months at $25,000/month as independent contractor; unvested equity forfeited, 298,319 vested options extended.
- Company pays COBRA premiums for 12 months; consulting period can be terminated for cause.
- Performance-based RSUs to settle based on actual performance; D&O tail coverage provided.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/805928/000080592824000011/0000805928-24-000011-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/805928/000080592824000011/axgn-20231204.htm
  HTML page:      https://secwatch.observer/filing/0000805928-24-000011

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer