SURMODICS INC — Director's Dealing 2019

Nov 27, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SURMODICS INC (SRDX)
CIK: 0000924717
Period of Report: 2019-11-25

Reporting Person: Sutton Gregg S (VP of Research and Development)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-11-25	Common Stock	A	7852	$0.00	Acquired	24872	Direct
2019-11-25	Common Stock	F	3581	$42.00	Disposed	21291	Direct
2019-11-25	Common Stock	A	1904	$0.00	Acquired	23195	Direct
2019-11-25	Common Stock	A	3571	$0.00	Acquired	26766	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-11-25	Employee Stock Option (right to buy)	$42.00	A	8356	Acquired	2026-11-25	Common Stock (8356)	Direct
2019-11-25	Employee Stock Option (right to buy)	$42.00	A	15668	Acquired	2026-11-25	Common Stock (15668)	Direct

Footnotes

F1: Performance shares awarded under long-term incentive plan based on performance during three-year period ended September 30, 2019.

F2: Includes 214 shares acquired through the Employee Stock Purchase Plan for the phase ending February 28, 2019 and 403 shares for the phase ending August 30, 2019.

F3: Shares withheld to satisfy taxes incident to vesting of performance share award.

F4: The award will vest in full on November 25, 2021.

F5: The award vests in four equal installments on each of the first four anniversaries of the November 25, 2019 grant date.