Min Wei - Oct 14, 2022 Form 4 Insider Report for RYVYL Inc. (RVYL)

Role
Chief Operating Officer
Signature
/s/ Jasmine Farrington, attorney-in-fact
Stock symbol
RVYL
Transactions as of
Oct 14, 2022
Transactions value $
$51,500
Form type
4
Date filed
12/28/2022, 04:09 PM
Previous filing
Sep 7, 2022
Next filing
Nov 30, 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 $51.5K +50K +54.73% $1.03 141K Oct 14, 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 maximum grant of 50,000 shares of common stock to be issued to Mr. Wei on a semi-annual basis.
F2 These shares are granted pursuant to the 2021 Restricted Stock Plan and will vest on April 12, 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 common stock.