Ezra Laniado - 17 Oct 2022 Form 4 Insider Report for RYVYL Inc. (RVYL)

Role
Director
Signature
/s/ Ezra Laniado
Issuer symbol
RVYL
Transactions as of
17 Oct 2022
Net transactions value
+$12,492
Form type
4
Filing time
20 Dec 2022, 15:39:18 UTC
Previous filing
25 Jul 2022
Next filing
11 Jul 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 $7,497 +7,140 +21% $1.05 40,596 17 Oct 2022 Direct F1, F2
transaction RVYL Common Stock par value $0.001 Purchase $4,995 +9,990 +25% $0.5000 50,586 15 Dec 2022 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Mr. Laniado 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. Laniado 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.