Kakuk Collette Nicole 4
4 · CYANOTECH CORP · Filed Feb 21, 2024
Insider Transaction Report
Form 4
CYANOTECH CORPCYAN
Kakuk Collette Nicole
Chief Strategic Comml Officer
Transactions
- Tax Payment
Common Stock
2024-02-16$0.44/sh−1,556$685→ 2,344 total - Exercise/Conversion
Common Stock
2024-02-16+3,900→ 3,900 total - Exercise/Conversion
Restricted Stock Units
2024-02-16−3,900→ 3,900 total→ Common Stock (3,900 underlying)
Footnotes (4)
- [F1]Represents the conversion upon vesting of restricted stock units into common stock.
- [F2]No stock was sold. On February 16, 2024, in connection with the vesting of 3,900 shares of stock, the Company withheld a total of 1,556 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 3,900 shares on February 16, 2025, subject to the reporting person's continued service with the Company on the vesting date.