ESOPApr 28, 2026, 04:06 PM
SRZN Grants 2,020 Stock Options to New Employee at $28.14
AI Summary
Surrozen, Inc. announced the grant of non-statutory stock options for 2,020 shares of its common stock to a recently hired non-executive employee. This grant, made on April 24, 2026, serves as an inducement for employment and was approved by the Compensation Committee under the company's 2025 Equity Inducement Plan. The options allow for the purchase of shares at $28.14 each and vest over a four-year period, with initial vesting after one year.
Key Highlights
- Surrozen granted 2,020 shares of common stock options.
- Options granted to a recently hired non-executive employee as an inducement.
- Granted under Surrozen's 2025 Equity Inducement Plan.
- Purchase price set at $28.14 per share, the closing price on April 24, 2026.
- Stock option vests over a four-year period, with 25% on the first anniversary.
- Remaining shares vest ratably each month over 36 months thereafter.
Price Impact
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