ORLOPP BRIAN BRETT 4
4 · CYANOTECH CORP · Filed Jul 10, 2019
Insider Transaction Report
Form 4
CYANOTECH CORPCYAN
ORLOPP BRIAN BRETT
CFO, VP, Treasurer, Secretary
Transactions
- Award
Restricted Stock Units
2019-04-05+33→ 33 total→ Common Stock (33 underlying)
Holdings
- 50,000
Stock Options
Exercise: $3.00Exp: 2029-01-03→ Common Stock (50,000 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 33 shares on April 5, 2020, subject to the reporting person's continued service with Cyanotech on the vesting date.
- [F3]The stock options shall vest as to 12,500 shares on January 3, 2020, 12,500 shares on January 3, 2021, 12,500 shares on January 3, 2022 and 12,500 shares on January 3, 2023, in each case subject to continued service with Cyanotech on the vesting date.