Jerrell Shelton - Mar 9, 2025 Form 4 Insider Report for Cryoport, Inc. (CYRX)

Signature
/s/ Jerrell Shelton
Stock symbol
CYRX
Transactions as of
Mar 9, 2025
Transactions value $
-$20,360
Form type
4
Date filed
3/11/2025, 07:01 PM
Previous filing
Nov 25, 2024
Next filing
Mar 18, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CYRX Common Stock Options Exercise $0 +8.25K +1.12% $0.00 744K Mar 9, 2025 Direct F1
transaction CYRX Common Stock Sale -$20.4K -4.17K -0.56% $4.88 740K Mar 10, 2025 Direct F2

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 Restricted Stock Rights Options Exercise $0 -8.25K -100% $0.00 0 Mar 9, 2025 Common Stock 8.25K Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the conversion of restricted stock rights to shares of common stock upon vesting. Each restricted stock right represents a contingent right to receive one share of CYRX common stock.
F2 Shares required to be sold in accordance with the Issuer's policies, in payment of taxes due upon the vesting of restricted stock rights.
F3 The originally granted restricted stock rights vest in four equal annual installments beginning March 9, 2022, and have no expiration date. The restricted stock rights reported herein vested and converted to shares of CYRX common stock on a one-for-one basis on March 9, 2025.