Fleck Michael 4
4 · CYREN Ltd. · Filed Jun 23, 2022
Insider Transaction Report
Form 4
CYREN Ltd.CYRN
Fleck Michael
VP Marketing
Transactions
- Sale
Ordinary Shares
2022-06-16$1.94/sh−1,510$2,929→ 14,139 total
Holdings
- 3,750
Options (Right to Buy)
Exercise: $34.40Exp: 2026-08-11→ Common Stock (3,750 underlying)
Footnotes (3)
- [F1]An aggregate of 15,000 restricted stock units held by the reporting person vested and settled on June 16, 2022. The Reporting Person sold the reported shares to cover the tax liability associated with the vesting of the restricted stock units.
- [F2]Reflects the 1 for 20 reverse share split which became effective on February 8, 2022.
- [F3]These Options (Right to Buy) vest 25% on August 11, 2021 and then monthly over the next three years.