RONALD B. KALICH - 31 Dec 2022 Form 4 Insider Report for SURMODICS INC (SRDX)

Role
Director
Signature
/s/ John Manders, on behalf of Ronald B. Kalich
Issuer symbol
SRDX
Transactions as of
31 Dec 2022
Transactions value $
$17,845
Form type
4
Filing time
03 Jan 2023, 16:05:05 UTC
Previous filing
15 Nov 2022
Next filing
13 Feb 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SRDX Common Stock Award $17.8K +523 +1.73% $34.12 30.7K 31 Dec 2022 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 elected to receive vested deferred stock units (DSUs) in lieu of quarterly cash retainer payments. The DSUs are settled in shares of the issuer's common stock as described below.
F2 The amount beneficially owned includes 10,113 restricted stock units (RSUs) that vest on service-based vesting dates and 12,539 DSUs that are vested upon issuance, each of which will be settled in shares of the issuer's common stock on a 1 for 1 basis when the reporting person's service as a director ends.