Jerrell Shelton - 09 Mar 2023 Form 4 Insider Report for Cryoport, Inc. (CYRX)

Role: Chief Executive Officer, Director
Signature: /s/ Jerrell Shelton
Issuer symbol: CYRX
Transactions as of: 09 Mar 2023
Net transactions value: -$76,492
Form type: 4
Filing time: 13 Mar 2023, 21:23:47 UTC
Previous filing: 16 Mar 2022
Next filing: 17 Mar 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CYRX	Common Stock	Options Exercise	$0	+8,250	+1.9%	$0.000000	439,386	09 Mar 2023	Direct	F1
transaction	CYRX	Common Stock	Sale	$76,492	-3,798	-0.86%	$20.14	435,588	13 Mar 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	-8,250	-33%	$0.000000	16,500	09 Mar 2023	Common Stock	8,250		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.