Yeh Wen-Chen - 01 Jul 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
Issuer symbol
SRZN
Transactions as of
01 Jul 2022
Net transactions value
$0
Form type
4
Filing time
12 Oct 2022, 21:59:48 UTC
Previous filing
03 Mar 2022
Next filing
19 Dec 2022
SEC
View on sec.gov

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 -29,567 -100% 0 10 Oct 2022 Common Stock 29,567 $10.77 Direct F1, F2
transaction SRZN Option (right to buy) Disposed to Issuer -5,562 -100% 0 10 Oct 2022 Common Stock 5,562 $10.77 Direct F1, F2
transaction SRZN Option (right to buy) Award $0 +500 $0.000000 500 01 Jul 2022 Common Stock 500 $3.15 Direct F3
transaction SRZN Option (right to buy) Award +5,562 5,562 10 Oct 2022 Common Stock 5,562 $2.16 Direct F1, F2
transaction SRZN Option (right to buy) Award +29,567 29,567 10 Oct 2022 Common Stock 29,567 $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.