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SURMODICS INC — Director's Dealing 2018
Aug 27, 2018
32845_dirs_2018-08-27_8f2c5e75-adc4-469a-8ea9-cfc586181564.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: SURMODICS INC (SRDX)
CIK: 0000924717
Period of Report: 2018-08-23
Reporting Person: Sutton Gregg S (VP of Research and Development)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-08-23 | Common Stock | M | 10544 | $19.42 | Acquired | 19853 | Direct |
| 2018-08-23 | Common Stock | M | 4280 | $23.95 | Acquired | 24133 | Direct |
| 2018-08-23 | Common Stock | S | 14204 | $74.1079 | Disposed | 9929 | Direct |
| 2018-08-23 | Common Stock | S | 620 | $74.9419 | Disposed | 9309 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-08-23 | Employee Stock Option (right to buy) | $19.42 | M | 10544 | Disposed | 2023-02-16 | Common Stock (10544) | Direct |
| 2018-08-23 | Employee Stock Option (right to buy) | $23.95 | M | 4280 | Disposed | 2023-11-30 | Common Stock (4280) | Direct |
Footnotes
F1: Includes 497 shares acquired through the Employee Stock Purchase Plan for the phase ending in February 2018.
F2: Reflects the weighted average price of 14,204 shares of common stock of Surmodics,Inc. sold by the reporting person in multiple transactions on August 23, 2018 with sale prices ranging from $73.80 to $74.75 per share. The reporting person undertakes to provide upon request by the U.S. Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
F3: Reflects the weighted average price of 620 shares of common stock of Surmodics,Inc. sold by the reporting person in multiple transactions on August 23, 2018 with sale prices ranging from $74.825 to $75.05 per share. The reporting person undertakes to provide upon request by the U.S. Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
F4: The award vests in four equal installments on each of the first four anniversaries of the February 16, 2016 grant date.
F5: The award vests in four equal installments on each of the first four anniversaries of the November 30, 2016 grant date.