[Form 4] Cryoport, Inc. Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cryoport, Inc. President and CEO Jerrell Shelton exercised stock options to acquire 104,007 shares of common stock at $1.87 per share. These options, which vested monthly over four years beginning May 6, 2016, were fully exercised, leaving 0 options from this grant. After the transaction, Shelton directly holds 1,230,614 common shares, indicating an exercise-and-hold pattern with no same-day share sales reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
104,007 shares exercised/converted
Mixed
2 txns
Insider
SHELTON JERRELL
Role
President, CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Options to purchase common stock | 104,007 | $0.00 | -- |
| Exercise | Common Stock | 104,007 | $1.87 | $194K |
Holdings After Transaction:
Options to purchase common stock — 0 shares (Direct, null);
Common Stock — 1,230,614 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Options exercised: 104,007 shares
Exercise price: $1.87 per share
Shares held after: 1,230,614 shares
+2 more
5 metrics
Options exercised
104,007 shares
Common stock acquired via option exercise
Exercise price
$1.87 per share
Strike price for exercised options
Shares held after
1,230,614 shares
Direct common stock ownership post-transaction
Options remaining from grant
0 options
This award after full exercise
Option expiration date
May 6, 2026
Original option award expiration
Key Terms
derivative security, Options to purchase common stock, vesting, exercise price
4 terms
derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
Options to purchase common stock financial
"security_title: Options to purchase common stock"
vesting financial
"1/48 of options vested on the 6th of each month for forty-eight months"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
exercise price financial
"conversion_or_exercise_price: 1.8700"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
FAQ
What insider transaction did Cryoport (CYRX) report for CEO Jerrell Shelton?
Cryoport reported that CEO Jerrell Shelton exercised stock options to acquire 104,007 shares of common stock. The options were exercised at $1.87 per share, increasing his direct holdings to 1,230,614 shares with no reported same-day share sales.
At what price were the Cryoport (CYRX) options exercised in this Form 4?
The options were exercised at a price of $1.87 per share. This exercise converted 104,007 options into the same number of Cryoport common shares, reflecting the option’s stated exercise price rather than a market purchase in the open market.
What happened to the Cryoport (CYRX) options reported in this Form 4?
The options to purchase 104,007 Cryoport shares were fully exercised, reducing the reported option position to zero. These options vested in 1/48 increments monthly starting May 6, 2016, and were exercised before their May 6, 2026 expiration date.
How many options did Cryoport (CYRX) CEO Jerrell Shelton exercise in this filing?
CEO Jerrell Shelton exercised options on 104,007 shares of Cryoport common stock. This single derivative exercise converted his entire reported option amount from that grant into common shares, with no remaining options from this specific award after the transaction.