Williams Charles O - Jan 2, 2025 Form 4 Insider Report for Surrozen, Inc./DE (SRZN)

Signature
/s/ Williams Charles O
Stock symbol
SRZN
Transactions as of
Jan 2, 2025
Transactions value $
-$20,514
Form type
4
Date filed
1/6/2025, 08:07 PM
Previous filing
Jun 18, 2024
Next filing
Jan 22, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SRZN Common Stock Options Exercise +3.5K +52.53% 10.2K Jan 2, 2025 Direct F1, F2
transaction SRZN Common Stock Sale -$20.5K -1.18K -11.62% $17.37 8.98K Jan 3, 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 the 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.
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.