Geertrui Vanhove - Oct 10, 2022 Form 4 Insider Report for Surrozen, Inc./DE (SRZN)

Role
Chief Medical Officer
Signature
/s/Sheela Mohan-Peterson, Attorney-in-Fact for Geertrui Vanhove
Stock symbol
SRZN
Transactions as of
Oct 10, 2022
Transactions value $
$0
Form type
4
Date filed
10/13/2022, 06:02 AM
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 -24.6K -100% 0 Oct 10, 2022 Common Stock 24.6K $10.77 Direct F1, F2
transaction SRZN Option (right to buy) Disposed to Issuer -10.4K -100% 0 Oct 10, 2022 Common Stock 10.4K $10.25 Direct F3, F4
transaction SRZN Option (right to buy) Disposed to Issuer -26.2K -100% 0 Oct 10, 2022 Common Stock 26.2K $10.25 Direct F3, F4
transaction SRZN Option (right to buy) Disposed to Issuer -1.76K -100% 0 Oct 10, 2022 Common Stock 1.76K $10.77 Direct F1, F2
transaction SRZN Option (right to buy) Award +26.2K 26.2K Oct 10, 2022 Common Stock 26.2K $2.16 Direct F3, F4
transaction SRZN Option (right to buy) Award +10.4K 10.4K Oct 10, 2022 Common Stock 10.4K $2.16 Direct F3, F4
transaction SRZN Option (right to buy) Award +24.6K 24.6K Oct 10, 2022 Common Stock 24.6K $2.16 Direct F1, F2
transaction SRZN Option (right to buy) Award +1.76K 1.76K Oct 10, 2022 Common Stock 1.76K $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 her 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 her 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.