SURMODICS INC — Director's Dealing 2016

Aug 26, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SURMODICS INC (SRDX)
CIK: 0000924717
Period of Report: 2016-08-25

Reporting Person: BEDOYA JOSE H (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-08-25	Common Stock	M	10000	$22.35	Acquired	23324	Direct
2016-08-25	Common Stock	F	7745	$28.86	Disposed	15579	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-08-25	Director Stock Option (Right to Buy)	$22.35	M	10000	Disposed	2016-11-30	Common Stock (1000)	Direct

Footnotes

F1: The reporting person paid the exercise price of a stock option issued in accordance with Rule 16b-3 by having shares of stock acquired upon the exercise withheld by the issuer.

F2: The amount beneficially owned includes 5,693 restricted stock units (RSUs) that vest on service-based vesting dates and 7,561 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.

F3: This option is fully vested.