4//SEC Filing
Hatfield Michael L 4
Accession 0001181431-13-028346
CIK 0001391636other
Filed
May 15, 8:00 PM ET
Accepted
May 16, 4:30 PM ET
Size
27.3 KB
Accession
0001181431-13-028346
Insider Transaction Report
Form 4
CYAN INCCYNI
Hatfield Michael L
DirectorPresident
Transactions
- Exercise/Conversion
Series A Convertible Preferred Warrant (right to buy)
2013-05-14−53,924→ 0 totalExercise: $1.30→ Series A Convertible Preferred Stock (53,924 underlying) - Tax Payment
Series A Convertible Preferred Stock
2013-05-14−6,365→ 409,626 totalExercise: $11.00→ Common Stock (6,365 underlying) - Conversion
Series B Convertible Preferred Stock
2013-05-14−476,332→ 0 total→ Common Stock (476,332 underlying) - Exercise/Conversion
Series A Convertible Preferred Stock
2013-05-14+53,924→ 415,991 totalExercise: $1.30→ Common Stock (53,924 underlying) - Exercise/Conversion
Series C Convertible Preferred Stock
2013-05-14+49,331→ 295,986 totalExercise: $2.45→ Common Stock (49,331 underlying) - Conversion
Series E Convertible Preferred Stock
2013-05-14−388,602→ 0 total→ Common Stock (388,602 underlying) - Exercise/Conversion
Series C Convertible Preferred Warrant (right to buy)
2013-05-14−49,331→ 0 totalExercise: $2.45→ Series C Convertible Preferred Stock (49,331 underlying) - Tax Payment
Series C Convertible Preferred Stock
2013-05-14−10,971→ 285,015 totalExercise: $11.00→ Common Stock (10,971 underlying) - Conversion
Common Stock
2013-05-14+1,559,575→ 1,959,575 total - Conversion
Series A Convertible Preferred Stock
2013-05-14−409,626→ 0 total→ Common Stock (409,626 underlying) - Conversion
Series C Convertible Preferred Stock
2013-05-14−285,015→ 0 total→ Common Stock (285,015 underlying)
Footnotes (7)
- [F1]The warrant is immediately exercisable and was exercised immediately prior to the completion of the Issuer's initial public offering of common stock and had no expiration date.
- [F2]The Series A Convertible Preferred Stock automatically converted into Common Stock on a one for one basis immediately prior to the completion of the Issuer's initial public offering of common stock and had no expiration date.
- [F3]The Reporting Person exercised a Series A Convertible Preferred Warrant to purchase 53,924 shares of Series A Convertible Preferred Stock for $1.30 per share. The Reporting Person paid the exercise price on a cashless basis, resulting in the Issuer's withholding of 6,365 shares of Series A Convertible Preferred Stock to pay the exercise price and issuing to the Reporting Person the remaining 47,559 shares. The Issuer also paid $16.26 to the Reporting Person in lieu of a fractional share.
- [F4]The Series B Convertible Preferred Stock automatically converted into Common Stock on a one for one basis immediately prior to the completion of the Issuer's initial public offering of common stock and had no expiration date.
- [F5]The Series C Convertible Preferred Stock automatically converted into Common Stock on a one for one basis immediately prior to the completion of the Issuer's initial public offering of common stock and had no expiration date.
- [F6]The Reporting Person exercised a Series C Convertible Preferred Warrant to purchase 49,331 shares of Series C Convertible Preferred Stock for $2.45 per share. The Reporting Person paid the exercise price on a cashless basis, resulting in the Issuer's withholding of 10,971 shares of Series C Convertible Preferred Stock to pay the exercise price and issuing to the Reporting Person the remaining 38,360 shares. The Issuer also paid $2.57 to the Reporting Person in lieu of a fractional share.
- [F7]The Series E Convertible Preferred Stock automatically converted into Common Stock on a one for one basis immediately prior to the completion of the Issuer's initial public offering of common stock and had no expiration date.
Documents
Issuer
CYAN INC
CIK 0001391636
Entity typeother
Related Parties
1- filerCIK 0001575538
Filing Metadata
- Form type
- 4
- Filed
- May 15, 8:00 PM ET
- Accepted
- May 16, 4:30 PM ET
- Size
- 27.3 KB