Feng Deng - 22 Jul 2021 Form 4 Insider Report for Cytek Biosciences, Inc. (CTKB)

Role: Director
Signature: /s/ Valerie Barnett, Attorney-in-Fact for Feng Deng
Issuer symbol: CTKB
Transactions as of: 22 Jul 2021
Net transactions value: $0
Form type: 4
Filing time: 27 Jul 2021, 20:57:18 UTC
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Shares	Shares After	Date	Ownership	Footnotes
transaction	CTKB	Common Stock	Conversion of derivative security	+147,933	147,933	22 Jul 2021	See footnote	F1, F2
transaction	CTKB	Common Stock	Conversion of derivative security	+4,168,777	4,168,777	22 Jul 2021	See footnote	F1, F2
transaction	CTKB	Common Stock	Conversion of derivative security	+443,800	443,800	22 Jul 2021	See footnote	F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Date	Underlying Class	Amount	Ownership	Footnotes
transaction	CTKB	Series A Preferred Stock	Conversion of derivative security	$0	-147,933	-100%	$0.000000^*	22 Jul 2021	Common Stock	147,933	See footnote	F1, F2
transaction	CTKB	Series C Preferred Stock	Conversion of derivative security	$0	-4,168,777	-100%	$0.000000^*	22 Jul 2021	Common Stock	4,168,777	See footnote	F1, F2
transaction	CTKB	Series D Preferred Stock	Conversion of derivative security	$0	-443,800	-100%	$0.000000^*	22 Jul 2021	Common Stock	443,800	See footnote	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each share of Preferred Stock automatically converted on a one-for-one basis into Common Stock upon the closing of the Issuer's initial public offering (the "IPO"), for no additional consideration. The shares of Preferred Stock have no expiration date.
F2	Shares held directly by Northern Light Venture Capital V, Ltd. ("NLVC V"). Fund V serves as the nominee for each of Northern Light Venture Fund V, L.P., Northern Light Strategic Fund V, L.P. and Northern Light Partners Fund V, L.P (together, the "NLVC V Funds"). Northern Light Partners V, L.P., a Cayman Islands exempted limited liability partnership, is the general partner of the NLVC V Funds. NLVC V is the general partner of Northern Light Partners V, L.P. Feng Deng is the controlling shareholder of NLVC V and may be deemed to have voting and dispositive power with respect to the shares held by NLVC V.

Content

Each share of Preferred Stock automatically converted on a one-for-one basis into Common Stock upon the closing of the Issuer's initial public offering (the "IPO"), for no additional consideration. The shares of Preferred Stock have no expiration date.

Shares held directly by Northern Light Venture Capital V, Ltd. ("NLVC V"). Fund V serves as the nominee for each of Northern Light Venture Fund V, L.P., Northern Light Strategic Fund V, L.P. and Northern Light Partners Fund V, L.P (together, the "NLVC V Funds"). Northern Light Partners V, L.P., a Cayman Islands exempted limited liability partnership, is the general partner of the NLVC V Funds. NLVC V is the general partner of Northern Light Partners V, L.P. Feng Deng is the controlling shareholder of NLVC V and may be deemed to have voting and dispositive power with respect to the shares held by NLVC V.