4//SEC Filing
Johansen Jennifer M. 4
Accession 0001437749-23-021384
CIK 0000768408other
Filed
Jul 31, 8:00 PM ET
Accepted
Aug 1, 3:21 PM ET
Size
8.5 KB
Accession
0001437749-23-021384
Insider Transaction Report
Form 4
CYANOTECH CORPCYAN
Johansen Jennifer M.
VP, Quality, Regulatory & Govt
Transactions
- Exercise/Conversion
Restricted Stock Units
2023-07-31−1,877→ 2,859 total→ Common Stock (1,877 underlying) - Exercise/Conversion
Common Stock
2023-07-31+1,877→ 4,689 total - Tax Payment
Common Stock
2023-07-31$0.84/sh−706$593→ 3,983 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 1,877 shares of stock, the Company withheld a total of 706 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; 1,379 shares on July 30, 2024; 33 shares on April 6, 2025; 1,380 shares on July 30, 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 0001725658
Filing Metadata
- Form type
- 4
- Filed
- Jul 31, 8:00 PM ET
- Accepted
- Aug 1, 3:21 PM ET
- Size
- 8.5 KB