Jerrell Shelton - Mar 9, 2023 Form 4 Insider Report for Cryoport, Inc. (CYRX)

Signature
/s/ Jerrell Shelton
Stock symbol
CYRX
Transactions as of
Mar 9, 2023
Transactions value $
-$76,492
Form type
4
Date filed
3/13/2023, 09:23 PM
Previous filing
Mar 16, 2022
Next filing
Mar 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CYRX Common Stock Options Exercise $0 +8.25K +1.91% $0.00 439K Mar 9, 2023 Direct F1
transaction CYRX Common Stock Sale -$76.5K -3.8K -0.86% $20.14 436K Mar 13, 2023 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 -8.25K -33.33% $0.00 16.5K Mar 9, 2023 Common Stock 8.25K 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, 2023.