SEC Form 4 · accession 0001144204-18-034269
Cryoport, Inc. · CYRX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jerrell Shelton
Officer — Chief Executive Officer · Director
Period of report
Jun 12, 2018
Accepted (ET)
Jun 14, 2018 · 5:43 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001124524
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jun 12, 2018 | M | 2,938 | $1.87 | A | 279,539 | D | |
| Common Stock | Jun 12, 2018 | M | 1,300 | $4.80 | A | 280,839 | D | |
| Common Stock | Jun 12, 2018 | M | 20,000 | $5.00 | A | 300,839 | D | |
| Common Stock | Jun 12, 2018 | X | 5,001 | $5.88 | A | 305,840 | D | |
| Common Stock | Jun 12, 2018 | S | 2,252 | $13.06 | D | 303,588 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Option to Purchase Common StockF2 | $1.87 | Jun 12, 2018 | M | 2,938 | D | — | May 6, 2026 | Common Stock | 2,938 | 255,524 | D |
| Option to Purchase Common StockF3 | $4.80 | Jun 12, 2018 | M | 1,300 | D | — | Dec 18, 2024 | Common Stock | 1,300 | 369,700 | D |
| Option to Purchase Common StockF4 | $5.00 | Jun 12, 2018 | M | 20,000 | D | — | Aug 19, 2025 | Common Stock | 20,000 | 807,000 | D |
| Warrant to Purchase Common StockF5 | $5.88 | Jun 12, 2018 | X | 5,001 | D | — | Dec 31, 2018 | Common Stock | 5,001 | 0 | D |
Explanation of responses
- F1The reporting person exercised a warrant to purchase 5,001 shares for $5.88 per share. The reporting person paid the exercise price on a cashless basis, resulting in the Company's withholding of 2,749 shares to pay the exercise price and issuing to the reporting person the remaining 2,252 shares.
- F21/48 of the 280,000 options originally granted vest on the 6th of each month for forty-eight months beginning on May 6, 2016.
- F31/48 of the 387,501 options originally granted vest on the 18th of each month for forty-eight months beginning on January 18, 2015.
- F41/48 of the 827,000 options originally granted vest on the 19th of each month for forty-eight months beginning on August 19, 2015.
- F5Warrants to purchase 2,917 shares were exercisable on December 11, 2013 and warrants to purchase 2,084 shares were exercisable on January 10, 2014, in each case, the date of issuance.