Carol Moore - Mar 12, 2023 Form 4 Insider Report for CERUS CORP (CERS)

Role
SVP Reg. & Quality
Signature
Carol Moore, by Chrystal Jensen (Menard), attorney-in-fact
Stock symbol
CERS
Transactions as of
Mar 12, 2023
Transactions value $
-$36,618
Form type
4
Date filed
3/14/2023, 08:00 PM
Previous filing
Mar 3, 2023
Next filing
Mar 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CERS Common Stock Options Exercise +23.5K +5.96% 417K Mar 12, 2023 Direct F1
transaction CERS Common Stock Sale -$27.2K -9.73K -2.33% $2.80 408K Mar 13, 2023 Direct F2, F3
transaction CERS Common Stock Options Exercise +11.7K +2.86% 419K Mar 12, 2023 Direct F1
transaction CERS Common Stock Sale -$9.38K -3.35K -0.8% $2.80 416K Mar 13, 2023 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 -23.5K -100% 0 Mar 12, 2023 Common Stock 23.5K Direct F1, F4, F5
transaction CERS Restricted Stock Unit Options Exercise -11.7K -50% 11.7K Mar 12, 2023 Common Stock 11.7K Direct F1, F5, F6
* 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 shares sold pursuant to an instruction intended to comply with the requirements of Rule 10b5-1 that was elected by the Reporting Person on the date of grant to cover statutory tax withholding obligations and corresponding brokerage fee in connection with the vesting of the restricted stock units listed in Table II 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 $2.74 to $3.03 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, 2021, 33% on March 12, 2022 and 34% on March 12, 2023.
F5 Not applicable.
F6 The restricted stock unit vests in three equal annual installments beginning on March 12, 2022.