4//SEC Filing
Ladin Felicia I 4
Accession 0001437749-23-021377
CIK 0000768408other
Filed
Jul 31, 8:00 PM ET
Accepted
Aug 1, 3:12 PM ET
Size
8.5 KB
Accession
0001437749-23-021377
Insider Transaction Report
Form 4
CYANOTECH CORPCYAN
Ladin Felicia I
CFO, VP Fin & Admin, Treasurer
Transactions
- Exercise/Conversion
Restricted Stock Units
2023-07-31−1,747→ 3,594 total→ Common Stock (1,747 underlying) - Tax Payment
Common Stock
2023-07-31$0.84/sh−656$551→ 1,132 total - Exercise/Conversion
Common Stock
2023-07-31+1,747→ 1,788 total
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 1,747 shares of stock, the Company withheld a total of 656 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; 1,747 shares on July 29, 2024; 33 shares on April 6, 2025; 1,747 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 0001632868
Filing Metadata
- Form type
- 4
- Filed
- Jul 31, 8:00 PM ET
- Accepted
- Aug 1, 3:12 PM ET
- Size
- 8.5 KB