CYANOTECH CORP 4
4 · CYANOTECH CORP · Filed Apr 7, 2017
Insider Transaction Report
Form 4
CYANOTECH CORPCYAN
Deal Jole Eileen
CFO, VP, Treas, Sect'y
Transactions
- Award
Restricted stock units
2017-04-05+304→ 304 total→ Cyanotech common stock (304 underlying)
Holdings
- 40,000
Cyanotech common stock options
Exercise: $3.82Exp: 2021-08-28→ Cyanotech common stock (40,000 underlying) - 5,000
Cyanotech common stock
- 2,000
Cyanotech common stock options
Exercise: $5.61Exp: 2022-08-15→ Cyanotech common stock (2,000 underlying)
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