Johansen Jennifer M. 4
4 · CYANOTECH CORP · Filed Apr 9, 2025
Insider Transaction Report
Form 4
CYANOTECH CORPCYAN
Johansen Jennifer M.
VP, Quality, Regulatory & Govt
Transactions
- Exercise/Conversion
Restricted Stock Units
2025-04-07−33→ 1,414 total→ Common Stock (33 underlying) - Exercise/Conversion
Common Stock
2025-04-07+33→ 8,894 total - Tax Payment
Common Stock
2025-04-07$0.31/sh−13$4→ 8,881 total
Footnotes (4)
- [F1]Represents the conversion upon vesting of restricted stock units into common stock.
- [F2]No stock was sold. On April 7, 2025, in connection with the vesting of 33 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 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.