Form 4: Surrozen Director Eric Bjerkholt Acquires Options in Company
SEC Form 4
Director Eric Bjerkholt acquired options to purchase 1,333 shares of Surrozen, Inc. common stock on June 5, 2024.
Summary
- On June 5, 2024, Eric Bjerkholt, a director of Surrozen, Inc., acquired options to purchase 1,333 shares of the company's common stock.
- The options have an exercise price of $11.
- The options vest and become exercisable on the anniversary of the grant date, contingent upon continuous service as a director, and expire on June 5, 2034.
Sentiment
Score: 6
Explanation: Neutral sentiment as it's a standard disclosure of stock option acquisition by a director. It doesn't inherently indicate positive or negative performance, but rather a routine part of executive compensation.
Positives
- A director's acquisition of options can be seen as a positive sign, indicating confidence in the company's future performance.
Industry Context
This is a standard Form 4 filing, reflecting a director's acquisition of company stock options, a common practice in corporate compensation.
Stakeholder Impact
- The acquisition of options by a director could have a minor positive impact on shareholder sentiment, reflecting confidence in the company.
Key Dates
| Date | Description |
|---|---|
| 06/05/2024 | Date of transaction: Eric Bjerkholt acquired options to purchase Surrozen, Inc. common stock. |
| 06/05/2025 | First vesting date of the options, subject to continuous service as a director. |
| 06/05/2034 | Expiration date of the options. |
| 06/06/2024 | Date of signature on the Form 4 filing. |
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