William J. Caragol - Oct 17, 2022 Form 4 Insider Report for RYVYL Inc. (RVYL)

Role: Director
Signature: /s/ William J. Caragol
Stock symbol: RVYL
Transactions as of: Oct 17, 2022
Transactions value $: $14,997
Form type: 4
Date filed: 10/21/2022, 04:52 PM
Previous filing: Jul 25, 2022
Next filing: Feb 1, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	RVYL	Common Stock par value $0.001	Award	$15K	+14.3K	+44.41%	$1.05	46.4K	Oct 17, 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. Caragol earns $5,000 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. Caragol 14,283 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. Caragol earns $5,000 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. Caragol 14,283 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.