SURMODICS INC — Director's Dealing 2010

Dec 2, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SURMODICS INC (SRDX)
CIK: 0000924717
Period of Report: 2010-11-30

Reporting Person: Webster Jan M (VP of HR)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-11-30	Stock Option (Right to Buy)	$9.25	A	27548	Acquired	2017-11-30	Common Stock (27548)	Direct

Footnotes

F1: Represents an annual stock option award granted pursuant to the issuer's executive compensation program.

F2: The award vests in four equal installments on each of the first four anniversaries of the November 30, 2010 grant date.