Fredi Nisan - 04 Nov 2020 Form 4/A - Amendment Insider Report for RYVYL Inc. (RVYL)

Signature
/s/ Fredi Nisan
Issuer symbol
RVYL
Transactions as of
04 Nov 2020
Net transactions value
-$670,977
Form type
4/A - Amendment
Filing time
30 May 2023, 16:46:10 UTC
Date Of Original Report
28 Dec 2020
Next filing
04 Aug 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RVYL Common Stock par value $0.001 Purchase $7,668 +5,400 +0.03% $1.42 19,612,494 16 Jun 2022 Direct
transaction RVYL Common Stock par value $0.001 Purchase $27.6 +20 +0% $1.38 19,612,514 16 Jun 2022 Direct
transaction RVYL Common Stock par value $0.001 Award $32,122 +15,152 +0.08% $2.12 19,627,666 22 Jul 2022 Direct F3
transaction RVYL Common Stock par value $0.001 Award $14,999 +17,646 +0.09% $0.8500 19,645,312 22 Jul 2022 Direct F2
transaction RVYL Common Stock par value $0.001 Disposed to Issuer $820,000 -1,000,000 -5.1% $0.8200 18,645,312 29 Jul 2022 GreenBox POS LLC F1
transaction RVYL Common Stock par value $0.001 Award $67,499 +53,149 +0.29% $1.27 18,698,461 16 Aug 2022 Direct F4
transaction RVYL Common Stock par value $0.001 Award $14,997 +14,283 +0.08% $1.05 18,712,744 17 Oct 2022 Direct F2
transaction RVYL Common Stock par value $0.001 Tax liability $40.42 -43 -0% $0.9400 18,712,701 27 Oct 2022 Direct F5
transaction RVYL Common Stock par value $0.001 Tax liability $42.3 -45 -0% $0.9400 18,712,656 15 Nov 2022 Direct F5
transaction RVYL Common Stock par value $0.001 Tax liability $4,042 -4,394 -0.02% $0.9200 18,708,262 17 Nov 2022 Direct F6
transaction RVYL Common Stock par value $0.001 Tax liability $14.31 -27 -0% $0.5300 18,708,235 15 Dec 2022 Direct F5
transaction RVYL Common Stock par value $0.001 Tax liability $963 -1,219 -0.01% $0.7900 18,707,016 17 Jan 2023 Direct F7
transaction RVYL Common Stock par value $0.001 Tax liability $558 -1,052 -0.01% $0.5300 18,705,964 15 Feb 2023 Direct F7
transaction RVYL Common Stock par value $0.001 Tax liability $12,112 -22,852 -0.12% $0.5300 18,683,112 15 Feb 2023 Direct F8
transaction RVYL Common Stock par value $0.001 Tax liability $315 -875 -0% $0.3600 18,682,237 15 Mar 2023 Direct F7
transaction RVYL Common Stock par value $0.001 Award $15,000 +18,987 +0.1% $0.7900 18,701,224 10 May 2023 Direct F9
transaction RVYL Common Stock par value $0.001 Award $15,000 +18,750 +0.1% $0.8000 18,719,974 10 May 2023 Direct F9
transaction RVYL Common Stock par value $0.001 Tax liability $204 -433 -0% $0.4700 18,720,407 15 May 2023 Direct F10
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person indirectly sold one million shares to RYVYL Inc. with a purchase price based on the value of the shares as of the date on which the transaction was agreed.
F2 Mr. Nisan earns $5,000 worth of shares of Common stock monthly as compensation for serving as a Director of the Company, issuable on the 15th day of the first month of each quarter calculated based on the closing price of our Common Stock on that date or the next trading day, whereby 1/3 of the shares granted shall vest 6 months after issuance and an additional 1/3 of the shares shall vest each month thereafter.
F3 Mr. Nisan was granted 15,152 shares for his 2021 performance review in accordance with the 2021 Restricted Stock Plan.
F4 The Board of Directors approved a $67,500 raise in compensation for Mr. Nisan for the remainder of the 2022 calendar year. Per the approval of the Board of Directors, Mr. Nisan elected to receive this amount in shares of Common Stock in lieu of cash.
F5 Represents withholding of shares of common stock for the tax liability associated with the vesting of 1/3 of the registered shares granted on April 27, 2022.
F6 Represents withholding of shares of common stock for the tax liability associated with the vesting of the registered shares granted on July 22, 2022.
F7 Represents withholding of shares of common stock for the tax liability associated with the vesting of 1/3 of the registered shares granted on July 15, 2022.
F8 Represents withholding of shares of common stock for the tax liability associated with the vesting of the registered shares granted on August 16, 2022.
F9 Mr. Nisan earns $5,000 worth of shares of Common stock monthly as compensation for serving as a Director of the Company, issuable on the 15th day of the first month of each quarter calculated based on the closing price of our Common Stock on that date or the next trading day. The issuances for Q12023 and Q2 2023 were delayed.
F10 Represents withholding of shares of common stock for the tax liability associated with the vesting of 1/3 of the registered shares granted on October 17, 2022.

Remarks:

See continuance of amended transactions on previously Form 4 filed on the same day.