Form: S-8

Initial registration statement for securities to be offered to employees pursuant to employee benefit plans

March 1, 2022

Documents

Exhibit 107.1

Calculation of Filing Fee Tables

Form S-8

(Form Type)

Sutro Biopharma, Inc.

(Exact Name of Registrant as Specified in its Charter)

Newly Registered Securities

 

Security Type  

Security

Class

Title

  

Fee

Calculation  

Rule

   

Amount

Registered(1)

   

Proposed  

Maximum  

Offering

Price Per

Unit

   

Maximum  

Aggregate  

Offering

Price

   

Fee

Rate

   

Amount of  

Registration  

Fee

   

            
Equity  

Common stock, par value  

$0.001 per

share

  

Rule 457(c)  

and Rule

457(h)  

    2,316,303 (2)      $8.41 (3)    $19,480,109.00    $0.0000927    $1,806.00     
Equity  

Common stock, par value  

$0.001 per

share

  

Rule 457(c)  

and Rule

457(h)

    463,260 (4)    $7.15 (5)    $3,312,309.00    $0.0000927    $308.00     
Total Offering Amounts        

$22,792,418.00

    $N/A    $2,114.00     
Total Fee Offsets                   —       
Net Fee Due                   $2,114.00     

 

(1)

Pursuant to Rule 416(a) under the Securities Act of 1933, as amended (the “Securities Act”), this Registration Statement shall also cover any additional shares of the Registrant’s common stock that become issuable under the Registrant’s 2018 Equity Incentive Plan (the “2018 EIP”) and 2018 Employee Stock Purchase Plan (“2018 ESPP”) by reason of any stock dividend, stock split, recapitalization or other similar transaction effected without the Registrant’s receipt of consideration that increases the number of the outstanding shares of the Registrant’s common stock.

 

(2)

Represents additional shares to be registered and available for grant under the 2018 EIP resulting from the annual 5% automatic increase in the number of authorized shares available for issuance under the 2018 EIP.

 

(3)

Estimated in accordance with Rules 457(c) and 457(h) of the Securities Act solely for the purpose of calculating the registration fee. The proposed maximum offering price per share of $8.41 was computed by averaging the high and low prices of a share of Registrant’s common stock as reported on The Nasdaq Global Market on February 23, 2022.

 

(4)

Represents additional shares to be registered and available for grant under the 2018 ESPP resulting from the annual 1% automatic increase in the number of authorized shares available for issuance under the 2018 ESPP.

 

(5)

Estimated in accordance with Rules 457(c) and 457(h) of the Securities Act solely for the purpose of calculating the registration fee. The proposed maximum offering price per share of $7.15 was computed by averaging the high and low prices of a share of Registrant’s common stock as reported on The Nasdaq Global Market on February 23, 2022, multiplied by 85%, which is the percentage of the trading price per share applicable to purchasers under the 2018 ESPP.