Company: PGEN
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001356090-25-000034
Chunk: 53

Company: PRECIGEN, INC.
Filing Date: 2025-11-13
Form: 10-Q
Item: Part I, Item 1
Chunk 53
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 available for future grants. 

27

Stock option activity was as follows:Number of SharesWeighted Average Exercise PriceWeighted Average Remaining Contractual Term (Years)Balances at December 31, 202425,924,734 $5.07 7.05Granted4,316,403 1.44 Exercised(690,712)(1.54)Forfeited(331,106)(1.66)Expired(967,271)(14.67)Balances at September 30, 202528,252,048 4.31 7.00Exercisable at September 30, 202518,179,777 5.91 6.09The following table summarizes additional information about stock options outstanding as of September 30, 2025:Options OutstandingOptions ExercisableRange of Exercise PricesNumber of OptionsWeighted Average Exercise PriceWeighted Average Remaining Life (Years)Aggregate Intrinsic ValueNumber of OptionsWeighted Average Exercise PriceWeighted Average Remaining Life (Years)Aggregate Intrinsic Value$0.67—$1.4014,916,853 $1.29 8.42$29,770 5,964,032 $1.23 7.83$12,267 $1.41—$2.335,728,448 1.97 7.127,540 4,675,748 1.96 7.076,200 $2.58—$5.952,282,856 5.48 4.4731 2,216,106 5.51 4.4123 $6.06—$11.902,773,556 10.14 4.70— 2,773,556 10.14 4.70— $13.17—$34.852,550,335 19.80 3.16— 2,550,335 19.80 3.16— 28,252,048 28252048$4.31 7.00$37,341 18,179,777 $5.91 6.09$18,490 PSUs and RSUsIn 2024, the Company's Compensation and Human Capital Management Committee of the Board of Directors (the "Compensation Committee") approved the grant of 3,178,000 PSUs under the 2023 Plan to certain key