Douglas Doerfler - 31 Mar 2023 Form 4 Insider Report for MAXCYTE, INC. (MXCT)

Role
President and CEO, Director
Signature
/s/ Brian F. Leaf, Attorney-in-Fact
Issuer symbol
MXCT
Transactions as of
31 Mar 2023
Net transactions value
-$50,703
Form type
4
Filing time
04 Apr 2023, 18:59:20 UTC
Previous filing
21 Mar 2023
Next filing
07 Apr 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MXCT Common Stock Options Exercise $104 +2,607 +0.78% $0.0400* 335,804 31 Mar 2023 Direct F1
transaction MXCT Common Stock Sale $13,035 -2,607 -0.78% $5.00 333,197 31 Mar 2023 Direct F1, F2
transaction MXCT Common Stock Options Exercise $4 +100 +0.03% $0.0400* 333,297 03 Apr 2023 Direct F1
transaction MXCT Common Stock Sale $501 -100 -0.03% $5.01 333,197 03 Apr 2023 Direct F1
transaction MXCT Common Stock Options Exercise $299 +7,470 +2.2% $0.0400* 340,667 04 Apr 2023 Direct F1
transaction MXCT Common Stock Sale $37,574 -7,470 -2.2% $5.03 333,197 04 Apr 2023 Direct F1, F3

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 MXCT Employee Stock Option (right to buy) Options Exercise $0 -2,607 -0.68% $0.000000 382,473 31 Mar 2023 Common Stock 2,607 $0.0400 Direct F1, F4
transaction MXCT Employee Stock Option (right to buy) Options Exercise $0 -100 -0.03% $0.000000 382,373 03 Apr 2023 Common Stock 100 $0.0400 Direct F1, F4
transaction MXCT Employee Stock Option (right to buy) Options Exercise $0 -7,470 -2% $0.000000 374,903 04 Apr 2023 Common Stock 7,470 $0.0400 Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The sales and option exercises reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 18, 2022 relating solely to the sale of shares acquired from exercise of an option that expires on November 11, 2024.
F2 The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $5.00 to $5.02, 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 range set forth in this footnote.
F3 The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $5.00 to $5.06, 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 range set forth in this footnote.
F4 This option is fully vested and exercisable.