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Cytek Biosciences, Inc. — Director's Dealing 2023
May 20, 2023
32966_dirs_2023-05-19_02915c0c-db18-404c-b52a-560918545ceb.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Cytek Biosciences, Inc. (CTKB)
CIK: 0001831915
Period of Report: 2023-05-18
Reporting Person: Barnett Valerie (General Counsel)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-05-18 | Common Stock | M | 2016 | — | Acquired | 22358 | Direct |
| 2023-05-18 | Common Stock | F | 786 | $6.69 | Disposed | 21572 | Direct |
| 2023-05-18 | Common Stock | M | 2454 | — | Acquired | 24026 | Direct |
| 2023-05-18 | Common Stock | F | 956 | $6.69 | Disposed | 23070 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-05-18 | Restricted Stock Units | $ | M | 2016 | Disposed | Common Stock (2016) | Direct | |
| 2023-05-18 | Restricted Stock Units | $ | M | 2454 | Disposed | Common Stock (2454) | Direct |
Footnotes
F1: Each Restricted Stock Unit (the "RSU Award") represents a contingent right to receive one share of the Issuer's common stock.
F2: Represents the number of shares withheld by and surrendered to the Issuer on May 18, 2023, to satisfy tax withholding obligations that arose in connection with the vesting of the RSU Award.
F3: The shares subject to the RSU Award shall vest quarterly over four years, with 4/48th of the total shares underlying the RSU Award vesting on May 18, 2022 and 3/48th of the total shares underlying the RSU Award vesting each subsequent quarter thereafter on August 18, November 18, February 18 and May 18.
F4: The shares subject to the RSU Award shall vest over 4 years with 2/48 of the total shares underlying the RSU Award vesting on May 18, 2023 and each May 18 thereafter; 3/48 of the total shares underlying the RSU Award vesting on August 18, 2023 and each August 18 thereafter; 3/48 of the total shares underlying the RSU Award vesting on November 18, 2023 and each November 18 thereafter; and 4/48 of the total shares underlying the RSU Award vesting each March 10, 2024 and each March 10 thereafter, until fully vested.