Genevieve Baer - 17 Oct 2022 Form 4 Insider Report for RYVYL Inc. (RVYL)

Role
Director
Signature
/s/ Genevieve Baer
Issuer symbol
RVYL
Transactions as of
17 Oct 2022
Net transactions value
+$22,496
Form type
4
Filing time
12 May 2023, 17:31:04 UTC
Previous filing
27 Jul 2022
Next filing
11 Jul 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 $7,497 +7,140 +44% $1.05 23,427 17 Oct 2022 Direct F1, F2
transaction RVYL Common Stock par value $0.001 Award $7,499 +9,492 +41% $0.7900 32,919 01 May 2023 Direct F1, F3
transaction RVYL Common Stock par value $0.001 Award $7,500 +9,375 +28% $0.8000 42,294 01 May 2023 Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Ms. Baer 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 her quarterly compensation as a director of the Company, the Board of Directors of the Company granted Ms. Baer 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 14, 2023.
F3 On April 17th, 2023, as part of her quarterly compensation for Q1 as a director of the Company, the Board of Directors of the Company granted Ms. Baer 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. This grant was issued on May 1, 2023.
F4 On April 17th, 2023, as part of her quarterly compensation for Q2 as a director of the Company, the Board of Directors of the Company granted Ms. Baer 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. This grant was issued on May 1, 2023.