Todd Berard - Feb 7, 2023 Form 4 Insider Report for BIOLIFE SOLUTIONS INC (BLFS)

Role
Chief Marketing Officer
Signature
/s/ Todd C.J. Berard
Stock symbol
BLFS
Transactions as of
Feb 7, 2023
Transactions value $
-$230,860
Form type
4
Date filed
2/9/2023, 06:01 PM
Previous filing
Jan 25, 2023
Next filing
Feb 13, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BLFS Common Stock Options Exercise $2.06K +1K +0.84% $2.06* 120K Feb 7, 2023 Direct
transaction BLFS Common Stock Sale -$25.3K -1K -0.83% $25.29 119K Feb 7, 2023 Direct F1
transaction BLFS Common Stock Options Exercise $18.5K +9K +7.55% $2.06* 128K Feb 8, 2023 Direct
transaction BLFS Common Stock Sale -$226K -9K -7.02% $25.13 119K Feb 8, 2023 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 BLFS Stock Option (Right to Buy) Options Exercise $0 -1K -2.5% $0.00 39K Feb 7, 2023 Common Stock 1K $2.06 Direct F3
transaction BLFS Stock Option (Right to Buy) Options Exercise $0 -9K -23.08% $0.00 30K Feb 8, 2023 Common Stock 9K $2.06 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 15, 2022.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $25.00 to $25.25, inclusive. The reporting person undertakes to provide to the registrant, any security holder of the registrant, 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.
F3 Exercisable to the extent of 1/4th thereof on 5/4/16, and remaining balance exercisable to the extent of 1/36th thereof on the 4th day of each month commencing on 6/4/16.