Ezra Laniado - May 1, 2023 Form 4 Insider Report for RYVYL Inc. (RVYL)

Role
Director
Signature
/s/ Jasmine Farrington, attorney-in-fact
Stock symbol
RVYL
Transactions as of
May 1, 2023
Transactions value $
$14,999
Form type
4
Date filed
5/2/2023, 05:49 PM
Previous filing
Jul 11, 2023
Next filing
Jul 20, 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 $7.5K +9.49K +18.76% $0.79 60.1K May 1, 2023 Direct F1, F2
transaction RVYL Common Stock par value $0.001 Award $7.5K +9.38K +15.6% $0.80 69.5K May 1, 2023 Direct F1, F3
* 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 April 17th, 2023, as part of his quarterly compensation for Q1 as a director of the Company, the Board of Directors of the Company granted Mr. Laniado 9,492 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 December 12th, 2023.
F3 On April 17th, 2023, as part of his quarterly compensation for Q2 as a director of the Company, the Board of Directors of the Company granted Mr. Laniado 9,375 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 December 12th, 2023.