Edward C. Albini - Mar 1, 2024 Form 4 Insider Report for SUTRO BIOPHARMA, INC. (STRO)

Signature
/s/ Edward C. Albini
Stock symbol
STRO
Transactions as of
Mar 1, 2024
Transactions value $
-$15,974
Form type
4
Date filed
3/5/2024, 04:29 PM
Previous filing
Jan 31, 2024
Next filing
Mar 6, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction STRO Common Stock Options Exercise $0 +7.88K +8.67% $0.00 98.7K Mar 1, 2024 Direct
transaction STRO Common Stock Tax liability -$16K -3.23K -3.27% $4.95 95.4K Mar 1, 2024 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 STRO Restricted Stock Unit (RSU) Options Exercise $0 -7.88K -25% $0.00 23.6K Mar 1, 2024 Common Stock 7.88K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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 restricted stock units; does not represent a sale by the reporting person.
F2 Each RSU represents a contingent right to receive one (1) share of the issuer's Common Stock upon settlement.
F3 The RSU award vests as to 1/4th of the total award annually beginning on March 1, 2024, subject to continued service through each vesting date.