CERUS CORP

Code

S

Shares

42,359

Price

$2.94

Footnotes

4

Represents shares sold pursuant to an instruction intended to comply with the requirement of Rule 10b5-1 that was elected by the Reporting Person on the date of grant to cover statutory tax withholding obligations and corresponding brokerage fees in connection with the vesting of certain restricted stock units and does not represent a discretionary sale by the reporting person. Represents a weighted average sales price. These shares were sold in multiple transactions at prices ranging from $2.84 to $3.03 per share, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the aforementioned range set forth. Each RSU represents a contingent right to receive one share of common stock of the Issuer. The RSUs vest in two annual installments with 33% of the grant vesting on July 1, 2027, and 67% of the grant vesting on July 1, 2028, subject to the Reporting Person's continuous service to the Issuer through such vesting date. Each performance right represents a contingent right to receive one share of Cerus common stock. The performance rights vest upon Cerus common stock achieving a specified price per share.