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$CYAN·4

CYANOTECH CORP · Apr 7, 1:29 PM ET

CYANOTECH CORP 4

4 · CYANOTECH CORP · Filed Apr 7, 2017

Insider Transaction Report

Form 4
Period: 2017-04-05
CYANOTECH CORPCYAN
Deal Jole Eileen
CFO, VP, Treasurer, Secretary
Transactions
  • Award

    Restricted stock units

    [F1][F2]
    2017-04-05+304→ 304 total
    → Cyanotech common stock (304 underlying)
Holdings

  • Cyanotech common stock

    5,000

  • Cyanotech common stock options

    [F3]
    Exercise: $3.82Exp: 2021-08-28→ Cyanotech common stock (40,000 underlying)
    40,000

  • Cyanotech common stock options

    [F3]
    Exercise: $5.61Exp: 2022-08-15→ Cyanotech common stock (2,000 underlying)
    2,000
Footnotes (3)
  • [F1]Each restricted stock unit represents the contingent right to receive one (1) share of Cyanotech common stock.
  • [F2]The restricted stock units shall vest as to 101 shares on April 5, 2018, 101 shares on April 5, 2019 and 102 shares on April 5, 2020, in each case subject to the reporting person's continued service with Cyanotech on the vesting date.
  • [F3]Fully exercisable
Signature
/s/ Dan Sprague, by Power of Attorney|2017-04-07

Documents

1 file
  • 4
    rdgdoc.xmlPrimary

    FORM 4