SURMODICS INC — Director's Dealing 2016

May 18, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SURMODICS INC (SRDX)
CIK: 0000924717
Period of Report: 2016-05-16

Reporting Person: KNIGHT SUSAN E (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-05-16	Common Stock	M	16528	$9.25	Acquired	24221	Direct
2016-05-16	Common Stock	F	6750	$22.65	Disposed	17471	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-05-16	Stock Option (right to buy)	$9.25	M	16528	Disposed	2017-11-30	Common Stock (16528)	Direct

Footnotes

F1: The amount beneficially owned includes 5,693 restricted stock units (RSUs) that vest on service-based vesting dates that will be settled in shares of the issuer's common stock on a 1 for 1 basis when the reporting persons' service as a director ends.

F2: Fully vested.