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REG - MaxCyte, Inc. MaxCyte, Inc. - MXCR - Grant of Options and Restricted Stock Units

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RNS Number : 4058S  MaxCyte, Inc.  14 June 2024

 

MaxCyte, Inc.

("MaxCyte" or the "Company")

 

Grant of Options and Restricted Stock Units

 

ROCKVILLE, MD, June 14, 2024: MaxCyte Inc., (NASDAQ: MXCT; LSE: MXCT),
a leading, cell-engineering focused company providing enabling platform
technologies to advance the discovery, development, and commercialization of
next-generation cell therapeutics and to support innovative, cell-based
research, announces that on 11 June 2024, a total of 325,608 options ("Option
Grants") in respect of common stock in the Company ("Common Stock"), and
170,936 restricted stock units ("RSU"s) were granted to PDMRs who are
non-executive directors of the Company. These Options Grants and RSUs were
made pursuant to the Company's Equity Grant Policy for non-executive
directors.

 

Details of the Option Grants are given below:

 Option Grants to PDMRs
 Al-Wakeel, Yasir        40,701
 Brooke, Will            40,701
 Balthrop, Patrick       40,701
 Douglas, Richard        40,701
 Erck, Stanley           40,701
 Hemrajani, Rekha        40,701
 Johnston, John          40,701
 Mandell, Art            40,701
 Total                   325,608

 

Option Grants for non-executive directors fully vest at the end of twelve (12)
months after date of grant.  (1 year cliff until fully vested).

 

The Options Grants have an exercise period of 10 years from date of grant, at
which time they will expire, and have an exercise price equal to the closing
price of MaxCyte's stock on 11 June 2024, of $4.68 on the United States Nasdaq
Stock Exchange.

 

Details of the RSUs are given below:

 

 Option Grants to PDMRs
 Al-Wakeel, Yasir        21,367
 Brooke, Will            21,367
 Balthrop, Patrick       21,367
 Douglas, Richard        21,367
 Erck, Stanley           21,367
 Hemrajani, Rekha        21,367
 Johnston, John          21,367
 Mandell, Art            21,367
 Total                   170,936

 

 

About MaxCyte

At MaxCyte, we pursue cell engineering excellence to maximize the potential of
cells to improve patients' lives. We have spent more than 20 years honing our
expertise by building best-in-class platforms, perfecting the art of the
transfection workflow, and venturing beyond today's processes to innovate
tomorrow's solutions. Our ExPERT™ platform, which is based on our Flow
Electroporation® technology, has been designed to support the rapidly
expanding cell therapy market and can be utilized across the continuum of the
high-growth cell therapy sector, from discovery and development through
commercialization of next-generation, cell-based medicines. The ExPERT family
of products includes: four instruments, the ATx™, STx™, GTx™ and VLx
™; a portfolio of proprietary related processing assemblies or disposables;
and software protocols, all supported by a robust worldwide intellectual
property portfolio. By providing our partners with the right technology, as
well as technical and regulatory support, we aim to guide them on their
journey to transform human health. Learn more at maxcyte.com
(https://maxcyte.com/) and follow us on Twitter
(https://twitter.com/MaxCyte_info) and LinkedIn
(https://www.linkedin.com/company/maxcyte-inc-/) .

 

MaxCyte Contacts:

 

 US IR Adviser

 Gilmartin Group                               +1 415-937-5400

 David Deuchler, CFA                           ir@maxcyte.com (mailto:ir@maxcyte.com)

 Nominated Adviser and Joint Corporate Broker

 Panmure Gordon                                +44 (0)20 7886 2500

 Emma Earl / Freddy Crossley

 Corporate Broking

 Rupert Dearden

 UK IR Adviser                                 +44 (0)203 709 5700

 Consilium Strategic Communications            maxcyte@consilium-comms.com (mailto:maxcyte@consilium-comms.com)

 Mary-Jane Elliott

 Chris Welsh

 

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING
MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

 

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         a)    Yasir Al-Wakeel

                                                                   b)    Will Brooke

                                                                   c)    Patrick Balthrop

                                                                   d)    Richard Douglas

                                                                   e)    Stanley Erck

                                                                   f)     Rekha Hemrajani

                                                                   g)    John Johnston

                                                                   h)    Art Mandell
 2    Reason for the notification

 a)   Position/status                                              a)    Non-Executive Director

                                                                   b)    Non-Executive Director

                                                                   c)    Non-Executive Director

                                                                   d)    Non-Executive Chairman

                                                                   e)    Non-Executive Director

                                                                   f)     Non-Executive Director

                                                                   g)    Non-Executive Director

                                                                   h)    Non-Executive Director
 b)   Initial notification /Amendment                              Initial notification

 3    Details of the issuer, emission allowance market participant, auction

    platform, auctioneer or auction monitor

 a)   Name                                                         MaxCyte Inc.

 b)   LEI                                                          54930053YHXULRFCU991

 4    Details of the transaction(s): section to be repeated for (i) each type of

    instrument; (ii) each type of transaction; (iii) each date; and (iv) each
      place where transactions have been conducted

 a)   Description of the financial instrument, type of instrument  Common Stock of $0.01 each

      Identification code                                          US57777K1060

 b)   Nature of the transaction                                    Grant of options of common stock

 c)   Price(s) and volume(s)

                                                                                     Exercise Price(s)  Volume(s)
                                                                                     a)    $4.68        40,701
                                                                                     b)    $4.68        40,701
                                                                                     c)    $4.68        40,701
                                                                                     d)    $4.68        40,701
                                                                                     e)    $4.68        40,701
                                                                                     f)     $4.68       40,701
                                                                                     g)    $4.68        40,701
                                                                                     h)    $4.68        40,701

 d)   Aggregated information

      - Aggregated volume                                          325,608

      - Price                                                      $4.68

 e)   Date of the transaction                                      11 June 2024

 f)   Place of the transaction                                     US Stock Exchange, Nasdaq

 

 

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         a)    Yasir Al-Wakeel

                                                                   b)    Will Brooke

                                                                   c)    Patrick Balthrop

                                                                   d)    Richard Douglas

                                                                   e)    Stanley Erck

                                                                   f)     Rekha Hemrajani

                                                                   g)    John Johnston

                                                                   h)    Art Mandell
 2    Reason for the notification

 a)   Position/status                                              a)    Non-Executive Director

                                                                   b)    Non-Executive Director

                                                                   c)    Non-Executive Director

                                                                   d)    Non-Executive Chairman

                                                                   e)    Non-Executive Director

                                                                   f)     Non-Executive Director

                                                                   g)    Non-Executive Director

                                                                   h)    Non-Executive Director
 b)   Initial notification /Amendment                              Initial notification

 3    Details of the issuer, emission allowance market participant, auction

    platform, auctioneer or auction monitor

 a)   Name                                                         MaxCyte Inc.

 b)   LEI                                                          54930053YHXULRFCU991

 4    Details of the transaction(s): section to be repeated for (i) each type of

    instrument; (ii) each type of transaction; (iii) each date; and (iv) each
      place where transactions have been conducted

 a)   Description of the financial instrument, type of instrument  Common Stock of $0.01 each

      Identification code                                          US57777K1060

 b)   Nature of the transaction                                    Grant of restricted stock units

 c)   Price(s) and volume(s)

                                                                                     Exercise Price(s)  Volume(s)
                                                                                     i)     N/A         40,701
                                                                                     j)     N/A         40,701
                                                                                     k)    N/A          40,701
                                                                                     l)     N/A         40,701
                                                                                     m)  N/A            40,701
                                                                                     n)    N/A          40,701
                                                                                     o)    N/A          40,701
                                                                                     p)    N/A          40,701

 d)   Aggregated information

      - Aggregated volume                                          170,936

      - Price                                                      No exercise price for the RSUs

 e)   Date of the transaction                                      11 June 2024

 f)   Place of the transaction                                     US Stock Exchange, Nasdaq

 

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