Jerrell Shelton - 18 Nov 2024 Form 4 Insider Report for Cryoport, Inc. (CYRX)

Role
President, CEO, Director
Signature
/s/Jerrell Shelton
Issuer symbol
CYRX
Transactions as of
18 Nov 2024
Net transactions value
-$140,676
Form type
4
Filing time
20 Nov 2024, 19:57:10 UTC
Previous filing
26 Mar 2024
Next filing
25 Nov 2024
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 $289,032 +60,215 +8.7% $4.80 752,307 18 Nov 2024 Direct F1
transaction CYRX Common Stock Sale $336,540 -50,000 -6.6% $6.73 702,307 18 Nov 2024 Direct F1, F2
transaction CYRX Common Stock Options Exercise $290,112 +60,440 +8.6% $4.80 762,747 19 Nov 2024 Direct F1
transaction CYRX Common Stock Sale $338,985 -50,000 -6.6% $6.78 712,747 19 Nov 2024 Direct F1, F3
transaction CYRX Common Stock Options Exercise $288,000 +60,000 +8.4% $4.80 772,747 20 Nov 2024 Direct F1
transaction CYRX Common Stock Sale $332,295 -50,000 -6.5% $6.65 722,747 20 Nov 2024 Direct F1, F4

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 Stock Option (right to buy) Options Exercise $0 -60,215 -23% $0.000000 206,452 18 Nov 2024 Common Stock 60,215 $4.80 Direct F1, F5
transaction CYRX Stock Option (right to buy) Options Exercise $0 -60,440 -29% $0.000000 146,012 19 Nov 2024 Common Stock 60,440 $4.80 Direct F1, F5
transaction CYRX Stock Option (right to buy) Options Exercise $0 -60,000 -41% $0.000000 86,012 20 Nov 2024 Common Stock 60,000 $4.80 Direct F1, F5
* 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 transactions reported in this Form 4 occurred automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 15, 2024.
F2 The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.57 to $6.94, inclusive. The reporting person undertakes to provide to Cryoport, Inc., any security holder of Cryoport, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F3 The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.48 to $6.935, inclusive. The reporting person undertakes to provide to Cryoport, Inc., any security holder of Cryoport, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F4 The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.47 to $6.93, inclusive. The reporting person undertakes to provide to Cryoport, Inc., any security holder of Cryoport, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F5 1/48 of the options vested on the 18th of each month for forty-eight months beginning on January 18, 2015.