William Mariner Greenman - 12 Mar 2021 Form 4 Insider Report for CERUS CORP (CERS)

Role
President and CEO, Director
Signature
William M. Greenman, by Chrystal Menard, attorney-in-fact
Issuer symbol
CERS
Transactions as of
12 Mar 2021
Net transactions value
-$831,634
Form type
4
Filing time
15 Mar 2022, 22:00:04 UTC
Next filing
07 Jun 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CERS Common Stock Options Exercise +151,666 +8.4% 1,963,184 12 Mar 2022 Direct F1
transaction CERS Common Stock Sale $393,306 -78,043 -4% $5.04 1,885,141 14 Mar 2022 Direct F2, F3
transaction CERS Common Stock Options Exercise +104,362 +5.5% 1,989,503 12 Mar 2022 Direct F1
transaction CERS Common Stock Sale $270,631 -53,702 -2.7% $5.04 1,935,801 14 Mar 2022 Direct F2, F3
transaction CERS Common Stock Options Exercise +64,667 +3.3% 2,000,468 12 Mar 2022 Direct F1
transaction CERS Common Stock Sale $167,698 -33,276 -1.7% $5.04 1,967,192 14 Mar 2022 Direct F2, 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 CERS Restricted Stock Unit Options Exercise -151,666 -100% 0 12 Mar 2022 Common Stock 151,666 Direct F1, F4, F5
transaction CERS Restricted Stock Unit Options Exercise -104,362 -49% 107,525 12 Mar 2022 Common Stock 104,362 Direct F1, F5, F6
transaction CERS Restricted Stock Unit Options Exercise -64,667 -33% 129,333 12 Mar 2022 Common Stock 64,667 Direct F1, F5, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one (1) share of Cerus Common Stock.
F2 Represents the number of shares required to be sold to cover the statutory tax withholding obligations and corresponding brokerage fee in connection with the vesting of the restricted stock units listed in Table II. This sale is mandated by the election to satisfy the minimum statutory tax withholding obligations through a "sell to cover" transaction and does not represent a discretionary sale by the reporting person.
F3 The reported price in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.871 to $5.22 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.
F4 The restricted stock unit vests 33% on March 12, 2020, 33% on March 12, 2021 and 34% on March 12, 2022.
F5 Not applicable.
F6 The restricted stock unit vests 33% on March 12, 2021, 33% on March 12, 2022 and 34% on March 12, 2023.
F7 The restricted stock unit vests in three equal annual installments beginning on March 12, 2022.