David Portnoy - 25 Aug 2022 Form 4 Insider Report for CRYO CELL INTERNATIONAL INC (CCEL)

Role
Chairman, Co-CEO, Director, 10%+ Owner
Signature
/s/ David Portnoy
Issuer symbol
CCEL
Transactions as of
25 Aug 2022
Net transactions value
+$441,296
Form type
4
Filing time
29 Aug 2022, 17:00:27 UTC
Previous filing
14 Apr 2022
Next filing
10 Nov 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CCEL Common Stock Options Exercise $220,648 +70,270 +8.9% $3.14 860,742 25 Aug 2022 Direct
holding CCEL Common Stock 102,586 25 Aug 2022 By Spouse
holding CCEL Common Stock 98,162 25 Aug 2022 By 401K
holding CCEL Common Stock 152,882 25 Aug 2022 By Corporation F1
holding CCEL Common Stock 15,611 25 Aug 2022 as Custodian for Daughter
holding CCEL Common Stock 9,974 25 Aug 2022 As Custodian for Son F2
holding CCEL Common Stock 59,027 25 Aug 2022 By LLC
holding CCEL Common Stock 199,080 25 Aug 2022 By IRA
holding CCEL Common Stock 55,219 25 Aug 2022 By Corporation
holding CCEL Common Stock 11,352 25 Aug 2022 As Custodian for Son
holding CCEL Common Stock 11,242 25 Aug 2022 As Custodian for Son
holding CCEL Common Stock 10,783 25 Aug 2022 As Custodian for Son
holding CCEL Common Stock 9,122 25 Aug 2022 As Custodian for Daughter

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 CCEL Stock Option Options Exercise $220,648 +70,270 $3.14 0 25 Aug 2022 Common Stock 70,270 $3.14 Direct
holding CCEL Stock Option 23,636 25 Aug 2022 Common Stock 23,636 $7.92 Direct
holding CCEL Stock Option 26,243 25 Aug 2022 Common Stock 26,243 $7.53 Direct
holding CCEL Stock Option 23,636 25 Aug 2022 Common Stock 23,636 $7.28 Direct
holding CCEL Stock Option 553 25 Aug 2022 Common Stock 553 $12.27 Direct F3, F4
holding CCEL Stock Option 280,000 25 Aug 2022 Common Stock 280,000 $12.27 Direct F3, F5
holding CCEL Stock Option 24,447 25 Aug 2022 Common Stock 24,447 $13.50 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares of Common Stock held by Mayim Investment Limited Partnership as is David I. Portnoy my be deemed the beneficial owner as the managing member and owner of Mayim Management, LLC, which is the general partner of Mayim Management Limited Partnership, which is the general partner of Mayim Investment Limited Partnership.
F2 Shares of Common Stock held by uTIPu, Inc., as to which David I. Portnoy may be deemed the beneficial owner as the Chairman of the Board and Secretary.
F3 The stock options are subject to the approval of the 2022 Equity Incentive Plan, which vote is expected to occur at the Company's 2022 Annual Meeting.
F4 One-third of the stock options will vest on December 22, 2022, one-third will vest on December 22, 2023 and one-third on December 22, 2024.
F5 Stock options vest immediately if the price of the Company's common stock reaches $25.00 per share during the seven-year option term.