Craig C. Parker - Oct 10, 2022 Form 4 Insider Report for Surrozen, Inc./DE (SRZN)

Role
Chief Executive Officer, Director
Signature
/s/Sheela Mohan-Peterson, Attorney-in-fact for Craig Parker
Stock symbol
SRZN
Transactions as of
Oct 10, 2022
Transactions value $
$0
Form type
4
Date filed
10/12/2022, 09:56 PM
Previous filing
Mar 3, 2022
Next filing
Dec 19, 2022

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 SRZN Option (right to buy) Disposed to Issuer -36K -100% 0 Oct 10, 2022 Common Stock 36K $10.77 Direct F1, F2
transaction SRZN Option (right to buy) Disposed to Issuer -2.07K -100% 0 Oct 10, 2022 Common Stock 2.07K $10.25 Direct F3, F4
transaction SRZN Option (right to buy) Disposed to Issuer -181K -100% 0 Oct 10, 2022 Common Stock 181K $10.25 Direct F3, F4
transaction SRZN Option (right to buy) Disposed to Issuer -315K -100% 0 Oct 10, 2022 Common Stock 315K $10.77 Direct F1, F2
transaction SRZN Option (right to buy) Award $0 +36K $0.00 36K Oct 10, 2022 Common Stock 36K $2.16 Direct
transaction SRZN Option (right to buy) Award $0 +315K $0.00 315K Oct 10, 2022 Common Stock 315K $2.16 Direct
transaction SRZN Option (right to buy) Award $0 +181K $0.00 181K Oct 10, 2022 Common Stock 181K $2.16 Direct
transaction SRZN Option (right to buy) Award $0 +2.07K $0.00 2.07K Oct 10, 2022 Common Stock 2.07K $2.16 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person agreed to cancellation of an option granted to him on 2/23/2021, in exchange for a new option having a lower exercise price.
F2 The shares subject to the options vest and become exercisable in a series of 48 equal monthly installments beginning on 2/1/2021, subject to the reporting person's continued employment through the applicable vesting date.
F3 The reporting person agreed to cancellation of an option granted to him on 8/12/2021, in exchange for a new option having a lower exercise price.
F4 Twenty-five percent of the shares subject to the Stock Option vests on 8/12/2022, and the remainder vests in 36 equal monthly installments thereafter for the following three years.