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U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 3 OMB APPROVAL
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OMB NUMBER: 3235-0104
Expires: September 30, 1998
Estimated average burden
hours per response ...... 0.5
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INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934,
Section 17(a) of the Public Utility Holding Company Act of 1935 or
Section 30(f) of the Investment Company Act of 1940
1. Name and Address of Reporting Person
LAUGHLIN PHILIP M.
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(Last) (First) (Middle)
c/o Organogenesis Inc 150 Dan Road
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(Street)
Canton MA 02021
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(City) (State) (Zip)
October 4, 1999
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2. Date of Event Requiring Statement (Month/Day/Year)
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3. IRS or Social Security Number of Reporting Person (Voluntary)
ORGANOGENESIS INC. (American Stock Exchange: "ORG")
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4. Issuer Name and Ticker or Trading Symbol
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5. Relationship of Reporting Person to Issuer:
(Check all applicable)
X Director 10% Owner
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X Officer (give Other (Specify
----- title below) ------ below)
President and Chief Operating Officer
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6. If Amendment, Date of Original (Month/Day/Year)
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7. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
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Form filed by More than One Reporting Person
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<TABLE>
<CAPTION>
Table 1 -- Non-Derivative Securities Beneficially Owned
1. Title of Security 2. Amount of Securities 3. Ownership Form: 4. Nature of Indirect Beneficial Ownership
(Instr. 4) Beneficially Owned Direct (D) or (Instr. 5)
(Instr. 4) Indirect (I)
(Instr. 5)
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<S> <C> <C> <C>
None
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</TABLE>
Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction
5(b)(v).
(Over)
SEC 1473 (7-96)
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FORM 3 (continued)
<TABLE>
<CAPTION>
Table II -- Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security 2. Date Exer- 3. Title and Amount of Securities 4. Conversion 5. Ownership 6. Nature of
cisable and Underlying Derivative Security or Exercise Form of Indirect
Expiration (Instr. 4) Price of Derivative Beneficial
Date Derivative Security: Ownership
(Month Day Security Direct (D) (Instr. 5)
Year) or
------- ------- --------------------------------- Indirect (I)
Date Expira- Amount (Instr. 5)
Exer- tion or
cisable Date Title Number
of
Shares
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<S> <C> <C> <C> <C> <C> <C> <C>
Stock option*** 10/4/00 10/3/09 Common Stock 500,000 $6.875 D
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</TABLE>
Explanation of Responses:
+ Consists of an option to purchase up to 500,000 shares of stock vesting in
five equal annual installments commencing October 4, 2000. All or a portion
of the option may be exercised earlier than the original vesting dates upon
the occurrence of certain events, including certain events constituting a
"change of control" or termination without cause of Mr. Laughlin's employment
or termination of Mr. Laughlin's employment for "good reason", each as set
forth in further detail in an employment letter dated October 4, 1999 between
the Registrant and Mr. Laughlin.
** Intentional misstatements or omissions of fcats constitute Federal Criminal
Violations.
See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
_______________________________ ______________
**Signature of Reporting Person Date
Note: File three copies of this Form, one of which must be manually signed. If
space provided is insufficient,
See Instruction 6 for procedure.
Potential persons who are to respond to the collection of information contained
in this form are not required to respond unless the form displays a currently
valid OMB Number.
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SEC 1473 (7-96)
