Redpoint Ventures IV, LLC 4
4 · Cyngn, Inc. · Filed Oct 26, 2021
Insider Transaction Report
Form 4
Cyngn, Inc.CYN
Redpoint Ventures IV, L.P.
10% Owner
Transactions
- Conversion
Common Stock
2021-10-22+14,364→ 58,211 total(indirect: By LLC) - Conversion
Series B Preferred Stock
2021-10-22−14,364→ 0 total(indirect: By LLC)→ Common Stock (14,364 underlying) - Conversion
Series C Preferred Stock
2021-10-22−132,033→ 0 total→ Common Stock (132,033 underlying) - Conversion
Common Stock
2021-10-22+43,847→ 43,847 total(indirect: By LLC) - Conversion
Series A Preferred Stock
2021-10-22−43,847→ 0 total(indirect: By LLC)→ Common Stock (43,847 underlying) - Conversion
Common Stock
2021-10-22+132,033→ 2,402,255 total - Conversion
Series A Preferred Stock
2021-10-22−1,710,026→ 0 total→ Common Stock (1,710,026 underlying) - Conversion
Common Stock
2021-10-22+1,710,026→ 1,710,026 total - Conversion
Common Stock
2021-10-22+560,196→ 2,270,222 total - Conversion
Common Stock
2021-10-22+3,385→ 61,596 total(indirect: By LLC) - Conversion
Series C Preferred Stock
2021-10-22−3,385→ 0 total(indirect: By LLC)→ Common Stock (3,385 underlying) - Conversion
Series B Preferred Stock
2021-10-22−560,196→ 0 total→ Common Stock (560,196 underlying)
Footnotes (2)
- [F1]The shares of Preferred Stock automatically converted into shares of the Company's Common Stock immediately prior to the consummation of the Company's initial public offering for no additional consideration, on a one-for-one basis, and had no expiration date.
- [F2]Redpoint Ventures IV, LLC ("RV IV LLC") is the sole general partner of Redpoint Ventures IV, L.P. ("RV IV"). RV IV LLC and Redpoint Associates IV, LLC ("RA IV") are under common control. As such, RV IV LLC has sole voting and investment control over the shares owned by RV IV, and may be deemed to beneficially own the shares held by RV IV. Each of the Reporting Persons disclaims beneficial ownership of the shares reported herein, except to the extent of its respective pecuniary interest therein.