Paul Christopher Williams - 18 Nov 2023 Form 4 Insider Report for Cytek Biosciences, Inc. (CTKB)

Role
Chief Operating Officer
Signature
/s/ Valerie Barnett, Attorney-in-Fact for Paul Christopher Williams
Issuer symbol
CTKB
Transactions as of
18 Nov 2023
Net transactions value
-$11,529
Form type
4
Filing time
21 Nov 2023, 17:56:57 UTC
Previous filing
21 Aug 2023
Next filing
22 Feb 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CTKB Common Stock Options Exercise +4,027 +431% 4,962 18 Nov 2023 Direct F1
transaction CTKB Common Stock Tax liability $9,383 -1,569 -32% $5.98 3,393 18 Nov 2023 Direct F2
transaction CTKB Common Stock Options Exercise +920 +27% 4,313 18 Nov 2023 Direct F1
transaction CTKB Common Stock Tax liability $2,147 -359 -8.3% $5.98 3,954 18 Nov 2023 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 CTKB Restricted Stock Units Options Exercise $0 -4,027 -25% $0.000000 12,081 18 Nov 2023 Common Stock 4,027 Direct F1, F3
transaction CTKB Restricted Stock Units Options Exercise $0 -920 -7% $0.000000 12,273 18 Nov 2023 Common Stock 920 Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Restricted Stock Unit (the "RSU Award") represents a contingent right to receive one share of the Issuer's common stock.
F2 Represents the number of shares withheld by and surrendered to the Issuer on November 18, 2023, to satisfy tax withholding obligations that arose in connection with the vesting of the RSU Award.
F3 The shares subject to the RSU Award shall vest over 4 years with 12/48 of the total shares underlying the RSU Award vesting on November 18, 2023 and 3/48 of the total shares underlying the RSU Award vesting each subsequent quarter thereafter on February 18, May 18, August 18 and November 18.
F4 The shares subject to the RSU Award shall vest over four years with 2/48 of the total shares underlying the RSU Award vesting on May 18, 2023 and each May 18 thereafter; 3/48 of the total shares underlying the RSU Award vesting on August 18, 2023 and each August 18 thereafter; 3/48 of the total shares underlying the RSU Award vesting on November 18, 2023 and each November 18 thereafter; and 4/48 of the total shares underlying the RSU Award vesting each March 10, 2024 and each March 10 thereafter, until fully vested.