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Cryoport, Inc. — Director's Dealing 2012
Apr 6, 2012
32876_dirs_2012-04-06_d1b138a1-8884-49f1-bea7-a74f6fe43a5a.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Cryoport, Inc. (CYRX.OB)
CIK: 0001124524
Period of Report: 2012-04-02
Reporting Person: Leatherman Steven L (Chief Commercial Officer)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2012-04-02 | Option to Purchase Common Stock | $.62 | A | 150000 | Acquired | 2022-04-02 | Common Stock (150000) | Direct |
| 2012-04-02 | Option to Purchase Common Stock | $.62 | A | 100000 | Acquired | 2022-04-02 | Common Stock (100000) | Direct |
Footnotes
F1: Vesting over 4 years at a rate of 18,750 shares every six months with the first vesting date being the six month anniversary of Mr. Leatherman's start date.
F2: To be vested as follows: (a) 50,000 common stock options when the Company achieves 5,000 shipments per month and (b) 50,000 common stock options when the Company achieves six-months of sustainable positive cash flow as determined by the Company's Board of Directors.
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