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

Role
Chief Operating Officer
Signature
/s/ Jasmine Farrington, attorney-in-fact
Issuer symbol
RVYL
Transactions as of
14 Oct 2022
Net transactions value
+$51,500
Form type
4
Filing time
28 Dec 2022, 16:09:49 UTC
Previous filing
07 Sep 2022
Next filing
30 Nov 2023
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 $51,500 +50,000 +55% $1.03 141,354 14 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 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.