Marcus Schulz - 14 Apr 2023 Form 4 Insider Report for BIOLIFE SOLUTIONS INC (BLFS)

Signature
/s/ Marcus Schulz
Issuer symbol
BLFS
Transactions as of
14 Apr 2023
Net transactions value
-$4,526
Form type
4
Filing time
18 Apr 2023, 19:28:01 UTC
Previous filing
10 Apr 2023
Next filing
21 Apr 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BLFS Common Stock Sale $4,526 -215 -0.52% $21.05 41,492 14 Apr 2023 Direct F1
* 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 sale reported herein was made to satisfy tax withholding obligations in connection with the vesting of shares of restricted stock.