Form 4: Surrozen Director Eric Bjerkholt Reports Option Grant
SEC Form 4
Director Eric Bjerkholt reports the acquisition of options to purchase 1,333 shares of Surrozen, Inc. common stock.
Summary
- Eric Bjerkholt, a director of Surrozen, Inc., filed a Form 4 on May 15, 2025.
- The report details the grant of options to Bjerkholt on May 14, 2025.
- Bjerkholt acquired options to purchase 1,333 shares of common stock at an exercise price of $6.50.
- The options vest annually beginning May 14, 2026, subject to continuous service as a director, and expire on May 14, 2035.
- Following the transaction, Bjerkholt directly owns options for 1,333 shares of Surrozen common stock.
Sentiment
Score: 7
Explanation: The document reflects a standard executive compensation practice, indicating confidence in the company's future. It's a neutral to slightly positive event.
Positives
- The option grant aligns the director's interests with those of the shareholders.
Future Outlook
The options vest over time, incentivizing the director to contribute to the company's long-term success.
Industry Context
Option grants are a common form of executive compensation in the biotechnology industry, aligning management's interests with shareholder value creation.
Stakeholder Impact
- The option grant aligns the director's interests with those of the shareholders, potentially leading to better decision-making.
Key Dates
| Date | Description |
|---|---|
| 05/14/2025 | Date of transaction (option grant) |
| 05/14/2026 | First vesting date of the options |
| 05/14/2035 | Expiration date of the options |
| 05/15/2025 | Date Form 4 was filed |
Keywords
Form 4, Surrozen, Director, Option Grant, Beneficial Ownership, SRZN, Equity Securities
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