Ronald B. Kalich Sr. - 29 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
29 Dec 2023
Net transactions value
+$17,848
Form type
4
Filing time
03 Jan 2024, 16:45:31 UTC
Previous filing
29 Dec 2023
Next filing
12 Feb 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 Award $17,848 +491 +1.4% $36.35 36,475 29 Dec 2023 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person elected to receive vested deferred stock units (DSUs) in lieu of quarterly cash retainer payments. The DSUs are settled in shares of the issuer's common stock as described below.
F2 The amount beneficially owned includes 12,097 restricted stock units (RSUs) that vest on service-based vesting dates and 14,941 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.