Jerrell Shelton - 09 Mar 2025 Form 4 Insider Report for Cryoport, Inc. (CYRX)

Signature
/s/ Jerrell Shelton
Issuer symbol
CYRX
Transactions as of
09 Mar 2025
Net transactions value
-$20,360
Form type
4
Filing time
11 Mar 2025, 19:01:02 UTC
Previous filing
25 Nov 2024
Next filing
18 Mar 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CYRX Common Stock Options Exercise $0 +8,250 +1.1% $0.000000 744,192 09 Mar 2025 Direct F1
transaction CYRX Common Stock Sale $20,360 -4,173 -0.56% $4.88 740,019 10 Mar 2025 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 -100% $0.000000 0 09 Mar 2025 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 March 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, 2025.