Ronald B. Kalich - Dec 27, 2023 Form 4 Insider Report for SURMODICS INC (SRDX)

Role
Director
Signature
/s/ John Manders, on behalf of Ronald B. Kalich
Stock symbol
SRDX
Transactions as of
Dec 27, 2023
Transactions value $
-$19
Form type
4
Date filed
12/29/2023, 04:26 PM
Previous filing
Oct 3, 2023
Next filing
Jan 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SRDX Common Stock Options Exercise $94.2K +3.93K +11.37% $23.95 38.5K Dec 27, 2023 Direct
transaction SRDX Common Stock Tax liability -$94.2K -2.55K -6.61% $37.01 36K Dec 27, 2023 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 SRDX Stock Option (right to buy) Options Exercise $0 -3.93K -100% $0.00* 0 Dec 27, 2023 Common Stock 3.93K $23.95 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The amount beneficially owned includes 12,097 restricted stock units (RSUs) that vest on service-based vesting dates and 14,450 DSUs that are vested upon issuance, each of which will be settled in shares of the issuer's common stock on a 1 for 1 basis when the reporting person's service as a director ends.
F2 Fully vested.