Wenbin Jiang - 18 Nov 2024 Form 4 Insider Report for Cytek Biosciences, Inc. (CTKB)

Signature
/s/ Valerie Barnett, Attorney-in-Fact
Issuer symbol
CTKB
Transactions as of
18 Nov 2024
Transactions value $
-$59,679
Form type
4
Filing time
20 Nov 2024, 18:21:25 UTC
Previous filing
16 Sep 2024
Next filing
20 Feb 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CTKB Common Stock Options Exercise +6.76K +0.13% 5.16M 18 Nov 2024 Direct F1
transaction CTKB Common Stock Tax liability -$9.93K -1.65K -0.03% $6.03 5.16M 18 Nov 2024 Direct F2
transaction CTKB Common Stock Options Exercise +11.8K +0.23% 5.17M 18 Nov 2024 Direct F1
transaction CTKB Common Stock Tax liability -$17.3K -2.87K -0.06% $6.03 5.17M 18 Nov 2024 Direct F2
transaction CTKB Common Stock Options Exercise +22.1K +0.43% 5.19M 18 Nov 2024 Direct F1
transaction CTKB Common Stock Tax liability -$32.5K -5.38K -0.1% $6.03 5.19M 18 Nov 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 -6.76K -17.64% $0.00 31.5K 18 Nov 2024 Common Stock 6.76K Direct F1, F3
transaction CTKB Restricted Stock Units Options Exercise $0 -11.8K -9.68% $0.00 110K 18 Nov 2024 Common Stock 11.8K Direct F1, F4
transaction CTKB Restricted Stock Units Options Exercise $0 -22.1K -6.98% $0.00 295K 18 Nov 2024 Common Stock 22.1K Direct F1, F5
* 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 November 18, 2024, to satisfy tax withholding obligations that arose in connection with the vesting of the RSU Award.
F3 The shares subject to the RSU Award shall vest quarterly over four years, with 4/48th of the total shares underlying the RSU Award vesting on May 18, 2022 and 3/48th of the total shares underlying the RSU Award vesting each subsequent quarter thereafter on August 18, November 18, February 18 and May 18.
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, 2023 and each May 18 thereafter; 3/48 of the total shares underlying the RSU Award vesting on August 18, 2023 and each August 18 thereafter; 3/48 of the total shares underlying the RSU Award vesting on November 18, 2023 and each November 18 thereafter; and 4/48 of the total shares underlying the RSU Award vesting on March 10, 2024 and each March 10 thereafter, until fully vested.
F5 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 on March 10, 2025 and each March 10 thereafter.