Gail Schulze - 09 Nov 2021 Form 4 Insider Report for CERUS CORP (CERS)

Role
Director
Signature
Gail Schulze by Chrystal Menard, attorney-in-fact
Issuer symbol
CERS
Transactions as of
09 Nov 2021
Net transactions value
-$116,930
Form type
4
Filing time
09 Nov 2021, 19:43:33 UTC
Previous filing
03 Jun 2021
Next filing
30 Dec 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CERS Common Stock Options Exercise $71,500 +25,000 +89% $2.86 53,116 09 Nov 2021 Direct
transaction CERS Common Stock Sale $188,430 -25,000 -47% $7.54 28,116 09 Nov 2021 Direct F1

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 CERS Option (Right to Buy) Options Exercise -25,000 -100% 0 09 Nov 2021 Common Stock 25,000 $2.86 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported price in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.50 to $7.595 per share, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the aforementioned range set forth.
F2 The option became exercisable in 12 equal monthly installments after the grant date.
F3 Not applicable.