Robert Stefanovich - Mar 9, 2022 Form 4 Insider Report for Cryoport, Inc. (CYRX)

Signature
/s/ Robert Stefanovich
Stock symbol
CYRX
Transactions as of
Mar 9, 2022
Transactions value $
-$34,000
Form type
4
Date filed
3/11/2022, 04:50 PM
Previous filing
Jan 31, 2022
Next filing
Mar 16, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CYRX Common Stock Options Exercise $0 +2.67K +3.17% $0.00 86.9K Mar 9, 2022 Direct F1
transaction CYRX Common Stock Sale -$34K -1.1K -1.26% $31.05 85.8K Mar 9, 2022 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 -2.67K -25% $0.00 8K Mar 9, 2022 Common Stock 2.67K 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 3/9/2022, 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, 2022.