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CCEL Cryo Cell International Inc

6.7001
0.00 (0.00%)
24 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Cryo Cell International Inc NASDAQ:CCEL NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 6.7001 6.58 10.72 0 01:00:00

Amended Statement of Changes in Beneficial Ownership (4/a)

08/02/2022 10:01pm

Edgar (US Regulatory)


FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
0.5                       
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

PORTNOY DAVID
2. Issuer Name and Ticker or Trading Symbol

CRYO CELL INTERNATIONAL INC [ CCEL ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__X__ Director                    __X__ 10% Owner
__X__ Officer (give title below)    _____ Other (specify below)
Chairman, Co-CEO
(Last)          (First)          (Middle)

700 BROOKER CREEK BLVD, SUITE 1800
3. Date of Earliest Transaction (MM/DD/YYYY)

12/22/2021
(Street)

OLDSMAR, FL 34677
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

2/8/2022 
6. Individual or Joint/Group Filing (Check Applicable Line)

_X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock         102586 I By Spouse 
Common Stock         98162 I By 401K 
Common Stock         790472 D  
Common Stock         152882 I By Corporation (1)
Common Stock         15611 I As Custodian for Daughter 
Common Stock         9974 I As Custodian for Son 
Common Stock         59027 I By LLC (2)
Common Stock         199080 I By IRA 
Common Stock         55219 I By Corporation (3)
Common Stock         11352 I As Custodian for Son 
Common Stock         11242 I As Custodian for Son 
Common Stock         10783 I As Custodian for Son 
Common Stock         9122 I As Custodian for Daughter 

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock Option $3.14           4/15/2016 4/15/2026 Common Stock 70270  70270 D  
Stock Option $7.92           3/8/2018 3/8/2028 Common Stock 23636  23636 D  
Stock Option $7.53           8/30/2019 8/30/2029 Common Stock 26243  26243 D  
Stock Option $7.28           12/20/2019 (4)12/20/2029 Common Stock 23636  23636 D  
Stock Option $13.50 12/22/2021  A   24447 (5)   12/22/2021 12/22/2024 Common Stock 24447 $13.50 24447 D  
Stock Option $12.27 12/22/2021  A   553 (5)   12/22/2021 12/22/2024 Common Stock 553 $12.27 553 D  
Stock Option $12.27 12/22/2021  A   280000 (6)   12/22/2021 12/22/2028 Common Stock 280000 $12.27 280000 D  

Explanation of Responses:
(1) Shares of Common Stock held by Mayim Investment Limited Partnership as is David I. Portnoy may be deemed the beneficial owner as the managing member and owner of Mayim Management, LLC, which is the general partner of Mayim Management Limited Partnership, which is the general partner of Mayim Investment Limited Partnership.
(2) Shares of Common Stock held by uTIPu, Inc., as to which David I. Portnoy may be deemed the beneficial owner as the Chairman of the Board and Secretary.
(3) Share of Common Stock held by Partner Community, as to which David I. Portnoy may be deemed beneficial owner as the Chairman of the Board and Secretary and as the managing member of Mayim Management, LLC, which may exercise investment and voting discretion over such shares of Common Stock in accordance with the Investment Advisory Agreement.
(4) Stock options will vest 1/3 on the date of grant, 1/3 on December 1, 2020 and 1/3 on December 1, 2021.
(5) The reporting person is amending his Form 4 filed on December 27, 2021 to correct an inadvertent error in reporting the exercise price of the Incentive Stock Option due to the reporting person being a 10% shareholder. This amended Form 4 also breaks out the stock option grant for Incentive Stock Options versus Non-Qualified Stock Options due to the value restrictions on Incentive Stock Options. The vesting is 1/3 on the date of grant, 1/3 on December 22, 2022 and 1/3 on December 22, 2023.
(6) Stock options vest immediately if the price of the Company's stock reaches $25.00 per share during the seven-year option term.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
PORTNOY DAVID
700 BROOKER CREEK BLVD
SUITE 1800
OLDSMAR, FL 34677
XXChairman, Co-CEO

Signatures
/s/ David Portnoy2/8/2022
**Signature of Reporting PersonDate

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