Cysewski Gerald R 4
4 · CYANOTECH CORP · Filed Aug 1, 2023
Insider Transaction Report
Form 4
CYANOTECH CORPCYAN
Cysewski Gerald R
DirectorExec.VP&Scientific Dir.
Transactions
- Exercise/Conversion
Common Stock
2023-07-31+2,243→ 140,660 total - Exercise/Conversion
Restricted Stock Units
2023-07-31−2,243→ 3,253 total→ Common Stock (2,243 underlying) - Tax Payment
Common Stock
2023-07-31$0.84/sh−843$708→ 139,817 total
Holdings
- 250(indirect: By Spouse)
Common Stock
Footnotes (4)
- [F1]Represents the conversion upon vesting of restricted stock units into common stock.
- [F2]No stock was sold. On July 31, 2023, in connection with the vesting of 2,243 shares of stock, the Company withheld a total of 843 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 33 shares on April 6, 2024; 1,576 shares on July 29, 2024; 33 shares on April 6, 2025; 1,577 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.