4//SEC Filing
WATTS GERARD J 4
Accession 0001437749-18-006541
CIK 0000768408other
Filed
Apr 8, 8:00 PM ET
Accepted
Apr 9, 2:58 PM ET
Size
9.8 KB
Accession
0001437749-18-006541
Insider Transaction Report
Form 4
CYANOTECH CORPCYAN
Transactions
- Exercise/Conversion
Cyanotech common stock
2018-04-05+57→ 57 total - Tax Payment
Cyanotech common stock
2018-04-05$5.25/sh−22$116→ 35 total - Exercise/Conversion
Restricted stock units
2018-04-05−57→ 113 total→ Cyanotech common stock (57 underlying)
Holdings
- 45,000
Cyanotech common stock options
Exercise: $4.72Exp: 2024-08-18→ Cyanotech common stock (45,000 underlying)
Footnotes (4)
- [F1]The reporting person is reporting the withholding by the Issuer of 22 shares of common stock that vested on April 5, 2018 pursuant to the April 5, 2017 RSU grant, but that were not issued in order to satisfy the reporting person's tax withholding obligations in connection with the delivery of the converted common stock to the reporting person as of April 6, 2018.
- [F2]Mr Watts acquired 45,000 stock options on 8/18/2014, of which 15,000 options became exercisable on 8/18/2015, 15,000 options became exercisable on 8/18/2016, and 15,000 options became exercisable on 8/18/2016.
- [F3]Each restricted stock unit represents the contingent right to receive one (1) share of Cyanotech common stock.
- [F4]The restricted stock units shall vest as to 57 shares on 4/5/2019 and 56 shares on 4/5/2020, in each case subject to continued service with Cyanotech on the vesting date.
Documents
Issuer
CYANOTECH CORP
CIK 0000768408
Entity typeother
Related Parties
1- filerCIK 0001251119
Filing Metadata
- Form type
- 4
- Filed
- Apr 8, 8:00 PM ET
- Accepted
- Apr 9, 2:58 PM ET
- Size
- 9.8 KB