SEC Form 4 · accession 0001209191-16-153162
SURMODICS INC · SRDX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gary R Maharaj
Officer — President & CEO · Director
Period of report
Nov 30, 2016
Accepted (ET)
Dec 2, 2016 · 6:44 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000924717
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Nov 30, 2016 | A | 7,098 | $0.00 | A | 137,305 | D | |
| Common StockF1 | Nov 30, 2016 | A | 14,100 | $0.00 | A | 151,405 | D | |
| Common StockF2 | Nov 30, 2016 | F | 6,797 | $23.95 | D | 144,608 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F3 | $23.95 | Nov 30, 2016 | A | 44,779 | A | — | Nov 30, 2023 | Common Stock | 44,779 | 44,779 | D |
Explanation of responses
- F1Performance shares awarded under long-term incentive plan based on performance during three-year period ended September 30, 2016.
- F2Shares withheld to satisfy taxes incident to vesting of performance share award.
- F3The award vests in four equal installments on each of the first four anniversaries of the November 30, 2016 grant date.