Dennis R. James - 17 Oct 2022 Form 4 Insider Report for RYVYL Inc. (RVYL)

Role: Director
Signature: /s/ Dennis James
Issuer symbol: RVYL
Transactions as of: 17 Oct 2022
Net transactions value: +$7,497
Form type: 4
Filing time: 20 Oct 2022, 16:57:33 UTC
Previous filing: 25 Jul 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	RVYL	Common Stock, par value $0.001	Award	$7,497	+7,140	+26%	$1.05	34,812	17 Oct 2022	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Mr. James earns $2,500 worth of shares of Common Stock monthly, issuable on the 15th day of each month in the number based on the closing price of our Common stock on that date or the next trading day.
F2	On October 17th 2022, as part of his quarterly compensation as a director of the Company, the Board of Directors of the Company granted Mr. James 7,140 shares of common Stock pursuant to the Company's 2021 Restricted Stock Plan, whereby 1/3 of the shares granted shall vest in 6 months, and an additional 1/3 of the shares shall vest each month thereafter. All shares will vest fully on June 14th, 2023.

Content

Mr. James earns $2,500 worth of shares of Common Stock monthly, issuable on the 15th day of each month in the number based on the closing price of our Common stock on that date or the next trading day.

On October 17th 2022, as part of his quarterly compensation as a director of the Company, the Board of Directors of the Company granted Mr. James 7,140 shares of common Stock pursuant to the Company's 2021 Restricted Stock Plan, whereby 1/3 of the shares granted shall vest in 6 months, and an additional 1/3 of the shares shall vest each month thereafter. All shares will vest fully on June 14th, 2023.