Yeh Wen-Chen - Jul 1, 2022 Form 4 Insider Report for Surrozen, Inc./DE (SRZN)

Role
Chief Scientific Officer
Signature
/s/Sheela Mohan-Peterson, Attorney-in-Fact for Wen-Chen Yeh
Stock symbol
SRZN
Transactions as of
Jul 1, 2022
Transactions value $
$0
Form type
4
Date filed
10/12/2022, 09:59 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 -29.6K -100% 0 Oct 10, 2022 Common Stock 29.6K $10.77 Direct F1, F2
transaction SRZN Option (right to buy) Disposed to Issuer -5.56K -100% 0 Oct 10, 2022 Common Stock 5.56K $10.77 Direct F1, F2
transaction SRZN Option (right to buy) Award $0 +500 $0.00 500 Jul 1, 2022 Common Stock 500 $3.15 Direct F3
transaction SRZN Option (right to buy) Award +5.56K 5.56K Oct 10, 2022 Common Stock 5.56K $2.16 Direct F1, F2
transaction SRZN Option (right to buy) Award +29.6K 29.6K Oct 10, 2022 Common Stock 29.6K $2.16 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 agreed to cancellation of an option granted to him on February 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 shares subject to the options vest and become exercisable in a series of 48 equal monthly installments beginning on 7/21/2022, subject to the reporting person's continued employment through the applicable vesting date.