John Joseph Johnston - Feb 26, 2024 Form 4 Insider Report for MAXCYTE, INC. (MXCT)

Role
Director
Signature
/s/ Katie Kazem, Attorney-in-Fact
Stock symbol
MXCT
Transactions as of
Feb 26, 2024
Transactions value $
-$12,295
Form type
4
Date filed
2/28/2024, 04:30 PM
Previous filing
Jan 30, 2024
Next filing
Mar 28, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MXCT Common Stock Options Exercise $10.7K +5K +4.15% $2.14* 126K Feb 26, 2024 Direct F1
transaction MXCT Common Stock Sale -$23K -5K -3.98% $4.60 121K Feb 26, 2024 Direct F1, 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 MXCT Stock Option (right to buy) Options Exercise $0 -5K -47.09% $0.00 5.62K Feb 26, 2024 Common Stock 5K $2.14 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The sales and option exercises reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 28, 2023.
F2 The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $4.51 to $4.625, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F3 The shares underlying this option vested monthly in forty-eight (48) equal monthly installments commencing on April 4, 2019.