Surrozen (SRZN) grants director David Woodhouse 5,550 stock options
Rhea-AI Filing Summary
Surrozen, Inc./DE director David J. Woodhouse received a grant of 5,550 stock options, giving him the right to buy 5,550 shares of Common Stock. The options have a conversion or exercise price of $30.14 per share and expire on May 12, 2036. According to the terms, the options vest and become exercisable on the anniversary of the grant date, subject to his continuous service as a director. After this grant, he holds 5,550 director stock options directly, and this filing reflects a compensation-related award rather than an open-market share purchase or sale.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Director Stock Option (right to buy) | 5,550 | $0.00 | -- |
Footnotes (1)
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Key Figures
Key Terms
Director Stock Option financial
conversion or exercise price financial
expiration date financial
underlying security financial
Grant, award, or other acquisition financial
FAQ
What insider transaction did Surrozen (SRZN) report for David J. Woodhouse?
Surrozen reported that director David J. Woodhouse received a grant of 5,550 stock options. These options give him the right to buy 5,550 shares of Common Stock at a fixed exercise price as part of his director compensation.
What is the exercise price of the new Surrozen (SRZN) stock options?
The granted options have an exercise price of $30.14 per share. This means Woodhouse can purchase Surrozen Common Stock at $30.14 per share once the options vest and become exercisable under the award terms.
When do David J. Woodhouse’s Surrozen (SRZN) options vest and become exercisable?
The options vest and become exercisable on the anniversary of the grant date. Vesting is conditioned on Woodhouse’s continuous service as a director, meaning he must remain on the board through that anniversary date.
When do the newly granted Surrozen (SRZN) director stock options expire?
The stock options granted to David J. Woodhouse expire on May 12, 2036. After that expiration date, any unexercised options can no longer be used to purchase Surrozen Common Stock.
How many Surrozen (SRZN) stock options does David J. Woodhouse hold after this grant?
Following this transaction, Woodhouse holds 5,550 director stock options directly. All of these options relate to Surrozen Common Stock and result from the single grant reported in this Form 4 filing.