Sonia Concepcion Cuilty - 22 Nov 2022 Form 4 Insider Report for RYVYL Inc. (RVYL)

Signature
/s/ Jasmine Farrington, attorney-in-fact
Issuer symbol
RVYL
Transactions as of
22 Nov 2022
Net transactions value
+$7,600
Form type
4
Filing time
14 Dec 2022, 15:47:58 UTC
Previous filing
29 Sep 2022
Next filing
04 Aug 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 $7,600 +10,000 +183% $0.7600 15,450 22 Nov 2022 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 At the time of appointment, the Board of Directors approved a grant of 10,000 registered shares of common stock pursuant to the 2021 Restricted Stock Plan to be issued on the ninetieth day after Ms. Cuilty's start date.
F2 These shares will vest on May 21, 2023, provided the Reporting Person remains in employment with the issuer on vesting date. On vesting date, the Reporting Person will have the opportunity to pay required tax liability using a portion of these shares of common stock.