Surrozen (SRZN) director receives 5,550 stock options at $30.14 strike price
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Surrozen, Inc. director Eric Bjerkholt received a grant of stock options covering 5,550 shares of common stock. The options have an exercise price of $30.14 per share and expire in 2036. According to the terms, they vest and become exercisable on the anniversary of the grant date, subject to his continuous service as a director.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
BJERKHOLT ERIC
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Director Stock Option (right to buy) | 5,550 | $0.00 | -- |
Holdings After Transaction:
Director Stock Option (right to buy) — 5,550 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Option grant size: 5,550 shares
Exercise price: $30.14 per share
Total options after grant: 5,550 options
+1 more
4 metrics
Option grant size
5,550 shares
Director stock option grant covering common stock
Exercise price
$30.14 per share
Exercise price for director stock options
Total options after grant
5,550 options
Total derivative holdings following transaction
Expiration date
May 12, 2036
Option term end date
Key Terms
Director Stock Option, exercise price, expiration date, Grant, award, or other acquisition
4 terms
Director Stock Option financial
"security_title: "Director Stock Option (right to buy)""
exercise price financial
"conversion_or_exercise_price: "30.1400""
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
expiration date financial
"expiration_date: "2036-05-12T00:00:00.000Z""
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
FAQ
What did Surrozen (SRZN) disclose in this Form 4 for director Eric Bjerkholt?
Surrozen reported that director Eric Bjerkholt received a grant of options for 5,550 shares of common stock. The options were awarded at an exercise price of $30.14 per share as compensation, increasing his derivative holdings in the company.
What is the exercise price of the Surrozen (SRZN) options granted to the director?
The options granted to director Eric Bjerkholt have an exercise price of $30.14 per share. This means he can purchase Surrozen common stock at that price once the options vest and he chooses to exercise them.
When do the Surrozen (SRZN) director stock options vest and become exercisable?
The options vest and become exercisable on the anniversary of the grant date. Vesting is subject to Eric Bjerkholt’s continuous service as a director, so he must remain on the board through that anniversary for the options to vest.
When do the Surrozen (SRZN) stock options granted to the director expire?
The director stock options expire on May 12, 2036. If they are not exercised by that expiration date, they will lapse, and the right to purchase Surrozen common shares under this grant will be lost.
How many Surrozen (SRZN) options does the director hold after this transaction?
After this grant, Eric Bjerkholt holds 5,550 director stock options directly. This total reflects the derivative position reported in the Form 4, all tied to Surrozen common stock under the newly awarded option grant.