4//SEC Filing
Custer Matthew Keith 4
Accession 0001437749-23-009813
CIK 0000768408other
Filed
Apr 9, 8:00 PM ET
Accepted
Apr 10, 2:54 PM ET
Size
11.0 KB
Accession
0001437749-23-009813
Insider Transaction Report
Form 4
CYANOTECH CORPCYAN
Custer Matthew Keith
DirectorPresident and CEO
Transactions
- Tax Payment
Common Stock
2023-04-06$0.94/sh−13$12→ 1,706 total - Award
Restricted Stock Units
2023-04-06+100→ 6,886 total→ Common Stock (100 underlying) - Exercise/Conversion
Common Stock
2023-04-06+34→ 1,719 total - Exercise/Conversion
Restricted Stock Units
2023-04-06−34→ 6,852 total→ Common Stock (34 underlying)
Footnotes (5)
- [F1]Represents the conversion upon vesting of restricted stock units into common stock.
- [F2]No stock was sold. On April 6, 2023, in connection with the vesting of 34 shares of stock, the Company withheld a total of 13 shares to satisfy a payroll tax liability incident to such vesting.
- [F3]Each restricted stock unit represents the contingent right to receive one (1) share of Cyanotech Common Stock.
- [F4]The restricted stock units vest as to 34 shares on April 6, 2023; 2,074 shares on July 29, 2023; 529 shares on July 30, 2023; 33 shares on April 6, 2024; 2,074 shares on July 29, 2024; 33 shares on April 6, 2025; 2,075 shares on July 29, 2025; and 34 shares on April 6, 2026, in each case subject to the reporting person's continued service with the Company on the vesting date.
- [F5]The restricted stock units vest as to 2,074 shares on July 29, 2023; 529 shares on July 30, 2023; 33 shares on April 6, 2024; 2,074 shares on July 29, 2024; 33 shares on April 6, 20225; 2,075 shares on July 29, 2025; and 34 shares on April 6, 2026, in each case subject to the reporting person's continued service with the Company on the vesting date.
Documents
Issuer
CYANOTECH CORP
CIK 0000768408
Entity typeother
Related Parties
1- filerCIK 0001789455
Filing Metadata
- Form type
- 4
- Filed
- Apr 9, 8:00 PM ET
- Accepted
- Apr 10, 2:54 PM ET
- Size
- 11.0 KB