CryoPort Inc (CYRX)

[hyperopia]

This share grab and dilution under the 2015 and 2018 Omnibus Equity Incentive Plan is outrageous, and isn't justified. Their reason appears to be “well all of our peers are doing it.”

Per the 14a:
If the 2018 Plan is approved, the total shares of common stock subject to outstanding awards as of December 31, 2017 (5,322,858 shares), plus the total number of shares available for future awards under the 2015 Plan as of December 31, 2017 (1,293,784), which would be available for issuance under the 2018 Plan, and the proposed shares available for issuance under the 2018 Plan (3,730,179 shares), represent a total fully-diluted overhang of 10,346,821 shares (27.6%) under the 2018 Plan.

BTW - nice to see you coming out of the shadows to post. As Nikki Haley says - I’m locked and loaded! GLTY