JERRELL SHELTON - 01 Sep 2023 Form 4 Insider Report for Cryoport, Inc. (CYRX)

Signature
/s/Jerrell Shelton
Issuer symbol
CYRX
Transactions as of
01 Sep 2023
Net transactions value
-$282,427
Form type
4
Filing time
05 Sep 2023, 18:53:35 UTC
Previous filing
12 May 2023
Next filing
19 Mar 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CYRX Common Stock Options Exercise $100,980 +54,000 +8.9% $1.87* 659,299 01 Sep 2023 Direct
transaction CYRX Common Stock Sale $383,407 -26,875 -4.1% $14.27 632,424 01 Sep 2023 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CYRX Option to purchase common stock Options Exercise $0 -54,000 -23% $0.000000 179,007 01 Sep 2023 Common Stock 54,000 $1.87 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $14.09 to $14.36, inclusive. The reporting person undertakes to provide to Cryoport, Inc., any security holder of Cryoport, Inc., 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 range set forth in this footnote.
F2 1/48 of the options vested on the 6th of each month for forty-eight months beginning on May 6, 2016.

Remarks:

President, Chief Executive Officer