Form 4 for STRO SUTRO BIOPHARMA, INC.
Accepted 2024-03-07 00:00:00 ET · period of report 2024-03-05 · accession 0001415889-24-007181 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2024-03-07 | 2024-03-05 | STRO | ALBINI EDWARD C | CFO AND Sec | F - Tax | $4.54 | -3,100 | 106.7K | -3% | -$14.1K |
| D | 2024-03-07 | 2024-03-05 | STRO | ALBINI EDWARD C | CFO AND Sec | M - OptEx | $0.00 | +8,750 | 109.8K | +9% | $0 |
| DM | 2024-03-07 | 2024-03-05 | STRO | ALBINI EDWARD C | CFO AND Sec | A - Grant | $0.00 | +119.0K | 68.0K | New | $0 |
| D | 2024-03-07 | 2024-03-05 | STRO | ALBINI EDWARD C | CFO AND Sec | M - OptEx | $0.00 | -8,750 | 8,750 | -50% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2024-03-05 | F | D | 3,100 | $4.54 | 106,743 | D | — | — | (F1) Represents the number of shares of Common Stock that have been withheld by the issuer to satisfy its income tax withholding and remittance obligations in connection with the net settlement of restricted stock units; does not represent a sale by the reporting person. |
| 2 | Common | Common Stock | 2024-03-05 | M | A | 8,750 | $0.00 | 109,843 | D | — | — | |
| 3 | Derivative | Restricted Stock Units (RSUs) | 2024-03-05 | A | A | 51,000 | $0.00 | 51,000 | D | — · — to 2028-03-01 | 51,000 Common Stock | (F3) Each RSU represents a contingent right to receive one (1) share of the Issuer's Common Stock upon settlement. (F4) The RSUs vest as to 1/4th of the total award annually beginning on March 1, 2025, subject to continued service through each vesting date. |
| 4 | Derivative | Stock Option (Right to Buy Common Stock) | 2024-03-05 | A | A | 68,000 | $0.00 | 68,000 | D | $4.54 · — to 2034-03-05 | 68,000 Common Stock | (F2) The option vests as to 2.0833% of the total award monthly, beginning on April 1, 2024, with 100% of the award being vested and exercisable on March 1, 2028, subject to the reporting person's continued service to the Issuer on each vesting date. |
| 5 | Derivative | Restricted Stock Unit (RSU) | 2024-03-05 | M | D | 8,750 | $0.00 | 8,750 | D | — · — to 2025-03-05 | 8,750 Common Stock | (F3) Each RSU represents a contingent right to receive one (1) share of the Issuer's Common Stock upon settlement. (F5) The RSUs vest as to 1/4th of the total award annually beginning on March 5, 2022, subject to continued service through each vesting date. |