Morton Mawae 4
4 · CYANOTECH CORP · Filed Apr 8, 2019
Insider Transaction Report
Form 4
CYANOTECH CORPCYAN
Morton Mawae
President
Transactions
- Exercise/Conversion
Restricted Stock Units
2019-04-05−33→ 1,993 total→ Common Stock (1,993 underlying) - Exercise/Conversion
Common Stock
2019-04-05+33→ 33 total
Holdings
- 45,000
Stock Options
Exercise: $3.83Exp: 2028-01-24→ Common Stock (45,000 underlying) - 75,000
Stock Options
Exercise: $3.35Exp: 2027-07-14→ Common Stock (75,000 underlying)
Footnotes (4)
- [F1]The restricted stock units vest as to 653 shares on July 13, 2019; 34 shares on April 5, 2020; 653 shares on July 13, 2020 and 653 shares on July 13, 2021.
- [F2]25,000 options are fully exercisable. The remaining 50,000 will be exercisable as to 25,000 shares on July 14, 2019 and 25,000 shares on July 14, 2020.
- [F3]15,000 options are fully exercisable. The remaining 30,000 options will be exercisable as to 15,000 shares on January 24, 2020 and 15,000 shares on January 24, 2021.
- [F4]Each restricted stock unit represents the contingent right to receive one (1) share of Cyanotech Common Stock.