Philippe Busque - 20 May 2024 Form 4 Insider Report for Cytek Biosciences, Inc. (CTKB)

Role
SVP, GLOBAL SALES AND SERVICES
Signature
/s/ Valerie Barnett, Attorney-in-Fact
Issuer symbol
CTKB
Transactions as of
20 May 2024
Transactions value $
-$18,881
Form type
4
Filing time
22 May 2024, 18:28:44 UTC
Previous filing
21 Mar 2024
Next filing
21 Aug 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CTKB Common Stock Options Exercise +6.66K +199.67% 9.99K 20 May 2024 Direct F1
transaction CTKB Common Stock Tax liability -$15.5K -2.59K -25.96% $5.96 7.4K 20 May 2024 Direct F2
transaction CTKB Common Stock Options Exercise +1.47K +19.91% 8.87K 20 May 2024 Direct F1
transaction CTKB Common Stock Tax liability -$3.42K -574 -6.47% $5.96 8.3K 20 May 2024 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 CTKB Restricted Stock Units Options Exercise $0 -6.66K -27.08% $0.00 17.9K 20 May 2024 Common Stock 6.66K Direct F1, F3
transaction CTKB Restricted Stock Units Options Exercise $0 -1.47K -4.17% $0.00 33.9K 20 May 2024 Common Stock 1.47K Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Restricted Stock Unit (the "RSU Award") represents a contingent right to receive one share of the Issuer's common stock.
F2 Represents the number of shares withheld by and surrendered to the Issuer on May 20, 2024, to satisfy tax withholding obligations that arose in connection with the vesting of the RSU Award.
F3 The shares subject to the Restricted Stock Units (the "RSU Award") shall vest over four years with 13/48 of the total shares underlying the RSU Award vesting on May 18, 2024; 3/48 of the total shares underlying the RSU Award vesting on August 18, 2024 and each August 18 thereafter; 3/48 of the total shares underlying the RSU Award vesting on November 18, 2024 and each November 18 thereafter; 4/48 of the total shares underlying the RSU Award vesting on March 10, 2025 and each March 10 thereafter; and 2/48 of the total shares underlying the RSU Award vesting on May 18, 2025 and each May 18 thereafter.
F4 The shares subject to the RSU Award shall vest over 4 years with 2/48 of the total shares underlying the RSU Award vesting on May 18, 2024 and each May 18 thereafter; 3/48 of the total shares underlying the RSU Award vesting on August 18, 2024 and each August 18 thereafter; 3/48 of the total shares underlying the RSU Award vesting on November 18, 2024 and each November 18 thereafter; and 4/48 of the total shares underlying the RSU Award vesting each March 10, 2025 and each March 10 thereafter.