Cryoport (CYRX) CEO Jerrell Shelton exercises options, holds 1.13M shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cryoport, Inc. President and CEO Jerrell Shelton exercised stock options and increased his direct share ownership. On the transaction date, he exercised options to purchase 50,000 shares of common stock at an exercise price of $1.87 per share, receiving 50,000 common shares.
Following the transactions, Shelton directly held 1,126,607 shares of Cryoport common stock and 104,007 options to purchase common stock. The exercised options were part of a grant that vested in equal 1/48 installments each month over forty-eight months beginning on May 6, 2016, with the options expiring on May 6, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
50,000 shares exercised/converted
Mixed
2 txns
Insider
SHELTON JERRELL
Role
President, CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Options to purchase common stock | 50,000 | $0.00 | -- |
| Exercise | Common Stock | 50,000 | $1.87 | $94K |
Holdings After Transaction:
Options to purchase common stock — 104,007 shares (Direct);
Common Stock — 1,126,607 shares (Direct)
Footnotes (1)
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Key Figures
Options exercised: 50,000 shares
Exercise price: $1.87 per share
Shares held after: 1,126,607 shares
+3 more
6 metrics
Options exercised
50,000 shares
Options to purchase common stock exercised on 2026-04-06
Exercise price
$1.87 per share
Strike price of options converted into common stock
Shares held after
1,126,607 shares
Common stock directly owned by Shelton after transactions
Options remaining
104,007 options
Options to purchase common stock following the exercise
Option expiration
May 6, 2026
Expiration date of the option grant
Vesting schedule
1/48 monthly over 48 months
Vesting from May 6, 2016 for the option grant
Key Terms
Options to purchase common stock, derivative security, vesting, exercise price, +1 more
5 terms
Options to purchase common stock financial
"security_title: Options to purchase common stock"
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.
vesting financial
"1/48 of options vested on the 6th of each month"
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.
expiration date financial
"expiration_date: 2026-05-06"
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
FAQ
What insider transaction did Cryoport (CYRX) CEO Jerrell Shelton report?
Jerrell Shelton reported exercising stock options to acquire 50,000 shares of Cryoport common stock. The options had an exercise price of $1.87 per share, and the transaction increased his direct equity stake in the company.
What was the exercise price of the Cryoport (CYRX) options exercised by the CEO?
The options exercised by Jerrell Shelton had an exercise price of $1.87 per share. Exercising these derivative securities converted 50,000 option rights into 50,000 shares of Cryoport common stock at that fixed strike price.
What is the vesting schedule of the Cryoport (CYRX) options exercised by Jerrell Shelton?
The exercised options vested over time, with 1/48 of the grant vesting on the 6th of each month for forty-eight months starting May 6, 2016. This structure reflects a long-term, time-based compensation arrangement for the executive.
When do the exercised Cryoport (CYRX) options held by the CEO expire?
The options exercised by Jerrell Shelton carried an expiration date of May 6, 2026. Exercising them before this date converted the derivative securities into common stock, aligning his compensation more directly with long-term shareholder value.