Cenk Sumen - 11 Apr 2022 Form 4 Insider Report for MAXCYTE, INC. (MXCT)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
21 Mar 2023, 16:41:26 UTC
Prior SEC filing
17 Mar 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Brian F. Leaf, Attorney-in-Fact

Key filing fact

Cenk Sumen filed Form 4 for MAXCYTE, INC. (MXCT) on 21 Mar 2023.

Key facts

  • This page summarizes Cenk Sumen's Form 4 filing for MAXCYTE, INC. (MXCT).
  • 2 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 21 Mar 2023, 16:41.

Change

  • Previous filing in this sequence was filed on 17 Mar 2022.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

MXCT transaction Derivative

Employee Stock Option (right to buy)

Award

Transaction value
$0
Shares
+500,000
Change %
Price
$0.000000
Shares after
500,000
Date
11 Apr 2022
Ownership
Direct
Underlying class
Common Stock
Underlying amount
500,000
Exercise price
$5.70
Footnotes
F1, F2
MXCT transaction Derivative

Employee Stock Option (right to buy)

Award

Transaction value
$0
Shares
+120,000
Change %
Price
$0.000000
Shares after
120,000
Date
20 Mar 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
120,000
Exercise price
$4.19
Footnotes
F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

As announced in a press release by the issuer on April 15, 2022, on April 11, 2022 the Issuer awarded a stock option to the Reporting Person as a material inducement to his employment with the Issuer in accordance with Nasdaq Listing Rule 5635(c)(4). The stock option was granted under the Issuer's 2021 Inducement Plan. However, due to an administrative oversight, the stock option grant was not previously reported on a Form 4 as required and is being reported on this report.

Footnote F2

25% of the shares underlying this option vest on April 11, 2023 and the remaining 75% vest in 36 equal monthly installments thereafter, subject to the reporting person's continuous service with the Issuer at each vesting date.

Footnote F3

25% of the shares underlying this option vest on March 20, 2024 and the remaining 75% vest in 36 equal monthly installments thereafter, subject to the reporting person's continuous service with the Issuer at each vesting date.

We use cookies and similar technologies to provide certain features, enhance the user experience and, if you allow them, measure engagement and deliver advertising. Analytics and marketing storage stay off until you grant consent. By clicking on "Agree and continue", you declare your consent to the use of the selected optional cookies. Manage preferences to update or revoke optional consent for future visits. For more information, see our Privacy Policy .