Jane Chung - 09 Aug 2022 Form 4 Insider Report for SUTRO BIOPHARMA, INC. (STRO)

Signature
/s/ Edward C. Albini as attorney-in-fact for Jane Chung
Issuer symbol
STRO
Transactions as of
09 Aug 2022
Net transactions value
-$42,788
Form type
4
Filing time
10 Aug 2022, 18:16:37 UTC
Previous filing
07 Mar 2022
Next filing
11 Aug 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction STRO Common Stock Options Exercise $0 +18,750 +750% $0.000000 21,250 09 Aug 2022 Direct F1
transaction STRO Common Stock Tax liability $42,788 -6,483 -31% $6.60 14,767 09 Aug 2022 Direct F2

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 STRO Restricted Stock Unit (RSU) Options Exercise $0 -18,750 -25% $0.000000 56,250 09 Aug 2022 Common Stock 18,750 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 2,500 shares acquired under the issuer's employee stock purchase plan on March 15, 2022.
F2 Represents the number of shares of Common Stock that have been withheld by the issuer to satisfy its income tax withholding and remittance obligations in connection with the net settlement of the RSUs and does not represent a sale by the reporting person.
F3 Each RSU represents a contingent right to receive one (1) share of the issuer's Common Stock upon settlement.
F4 The RSUs vest as to 1/4th of the total shares annually beginning on August 9, 2022, subject to the reporting person's provision of service to the issuer on each vesting date.