Yang Li - 02 Jan 2025 Form 4 Insider Report for Surrozen, Inc./DE (SRZN)

Role
Exec. Vice President, Research
Signature
/s/Charles Williams, Attorney-in-Fact for Yang Li
Issuer symbol
SRZN
Transactions as of
02 Jan 2025
Net transactions value
-$14,643
Form type
4
Filing time
06 Jan 2025, 21:13:34 UTC
Previous filing
18 Jun 2024
Next filing
22 Jan 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SRZN Common Stock Options Exercise +2,500 +21% 14,188 02 Jan 2025 Direct F1, F2
transaction SRZN Common Stock Sale $14,643 -843 -5.9% $17.37 13,345 03 Jan 2025 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit, or RSU, represents a contingent right to receive one share of the Issuer's common stock. This transaction represents the settlement of vested RSUs in shares of Issuer's common stock.
F2 Includes 400 shares purchased at a price of $5.67 per share pursuant to the Issuer's 2021 Employee Stock Purchase Plan on December 13, 2024, and 702 shares held through immediate family members of the reporting person.
F3 The shares were sold to cover withholding taxes upon vesting of RSUs in transactions that were initiated by the Issuer on the reporting person's behalf. The price reported reflects the volume-weighted average price for the transactions.