SEC Form 5

FORM 5		UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940	OMB APPROVAL OMB Number: 3235-0362 Estimated average burden hours per response: 1.0
	Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
	Form 3 Holdings Reported.
	Form 4 Transactions Reported.

1. Name and Address of Reporting Person* Anderson Aron B (Last) (First) (Middle) 9924 WEST 74TH STREET (Street) EDEN PRAIRIE MN 55344-3523 (City) (State) (Zip)	2. Issuer Name and Ticker or Trading Symbol SURMODICS INC [ SRDX ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director 10% Owner X Officer (give title below) Other (specify below) VP & Chief Scientific Officer
	3. Statement for Issuer's Fiscal Year Ended (Month/Day/Year) 09/30/2005
	4. If Amendment, Date of Original Filed (Month/Day/Year)	6. Individual or Joint/Group Filing (Check Applicable Line) X Form filed by One Reporting Person Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)	4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned at end of Issuer's Fiscal Year (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
				Amount	(A) or (D)	Price
Common Stock	04/11/2005		G	200	D	$0	29,397(7)	D
Common Stock	10/11/2005		G	200	D	$0	29,137(7)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)	5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
					(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Incentive Stock Option (Right to Buy)	$8.063						(1)	09/20/2006	Common Stock	2,000		400	D
Incentive Stock Option (Right to Buy)	$25.094						(2)	09/18/2007	Common Stock	4,000		4,000	D
Incentive Stock Option (Right to Buy)	$34.85						(3)	11/12/2008	Common Stock	2,500		2,500	D
Incentive Stock Option (Right to Buy)	$29.5						(4)	01/15/2010	Common Stock	3,000		3,000	D
Incentive Stock Option (Right to Buy)	$21.82						(5)	05/17/2011	Common Stock	3,000		3,000	D
Non-Qualified Stock Option (Right to Buy)	$29.37						(6)	01/31/2012	Common Stock	10,000		10,000	D

Explanation of Responses:

1. Exercisable in annual increments of 400 shares each commencing on 9/20/00.

2. Exercisable in annual increments of 800 shares each commencing on 9/18/01.

3. Exercisable in annual increments of 500 shares each commencing on 11/12/02.

4. Exercisable in annual increments of 600 shares each commencing on 1/15/04.

5. Exercisable in annual increments of 600 shares each commencing on 5/17/05.

6. Exercisable in annual increments of 2,000 shares each commencing 1/31/06.

7. Includes 580 shares acquired through Employee Stock Purchase Plan for the phase ended 2/28/05.

Remarks:

	/s/ Aron B. Anderson	11/14/2005
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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