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

Role
Director
Signature
/s/ John Manders, on behalf of Ronald B. Kalich
Issuer symbol
SRDX
Transactions as of
27 Dec 2023
Net transactions value
-$19.05
Form type
4
Filing time
29 Dec 2023, 16:26:57 UTC
Previous filing
03 Oct 2023
Next filing
03 Jan 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SRDX Common Stock Options Exercise $94,171 +3,932 +11% $23.95 38,529 27 Dec 2023 Direct
transaction SRDX Common Stock Tax liability $94,190 -2,545 -6.6% $37.01 35,984 27 Dec 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 -3,932 -100% $0.000000* 0 27 Dec 2023 Common Stock 3,932 $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.