David Portnoy - 23 Dec 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
23 Dec 2022
Net transactions value
+$215,000
Form type
4
Filing time
06 Jan 2023, 16:00:35 UTC
Previous filing
21 Nov 2022
Next filing
05 Jan 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding CCEL Common Stock 804,742 23 Dec 2022 Direct
holding CCEL Common Stock 117,012 23 Dec 2022 By 401K
holding CCEL Common Stock 230,621 23 Dec 2022 By IRA
holding CCEL Common Stock 102,586 23 Dec 2022 By Spouse
holding CCEL Common Stock 152,882 23 Dec 2022 By Corporation F1
holding CCEL Common Stock 15,611 23 Dec 2022 as Custodian for Daughter
holding CCEL Common Stock 59,027 23 Dec 2022 By LLC
holding CCEL Common Stock 55,219 23 Dec 2022 By Corporation F2
holding CCEL Common Stock 11,352 23 Dec 2022 As Custodian for Son
holding CCEL Common Stock 11,242 23 Dec 2022 As Custodian for Son
holding CCEL Common Stock 10,783 23 Dec 2022 As Custodian for Son

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 Award $215,000 +50,000 $4.30 50,000 23 Dec 2022 Common Stock 50,000 $4.30 Direct F6
holding CCEL Stock Option 23,636 23 Dec 2022 Common Stock 23,636 $7.92 Direct
holding CCEL Stock Option 26,243 23 Dec 2022 Common Stock 26,243 $7.53 Direct
holding CCEL Stock Option 23,636 23 Dec 2022 Common Stock 23,636 $7.28 Direct
holding CCEL Stock Option 553 23 Dec 2022 Common Stock 553 $12.27 Direct F3
holding CCEL Stock Option 280,000 23 Dec 2022 Common Stock 280,000 $12.27 Direct F4
holding CCEL Stock Option 24,447 23 Dec 2022 Common Stock 24,447 $13.50 Direct F3
holding CCEL Stock Option 50,000 23 Dec 2022 Common Stock 50,000 $4.77 Direct F5
* 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 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.
F4 Stock options vest immediately if the price of the Company's common stock reaches $25.00 per share during the seven-year option term.
F5 8,750 options vest upon issuance, 8,749 options vest on 1/2/2024, 21,000 options vest on 1/2/2025 and 11,501 options vest on 1/2/2026.
F6 Pursuant to the executive's Employment Agreement effective December 1, 2022, stock options will be awarded and will vest immediately if the price of the Company's stock reaches $8.00 per share during the five-year option term.