Fredi Nisan - Oct 16, 2023 Form 4 Insider Report for RYVYL Inc. (RVYL)

Role
Chief Executive Officer, Director
Signature
/s/ Jasmine Farrington, attorney-in-fact
Stock symbol
RVYL
Transactions as of
Oct 16, 2023
Transactions value $
$4,675
Form type
4
Date filed
10/20/2023, 04:05 PM
Previous filing
Sep 22, 2023
Next filing
Nov 28, 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 $5K +1.59K +0.08% $3.15 1.88M Oct 17, 2023 Direct F1
transaction RVYL Common Stock par value $0.001 Tax liability -$164 -52 0% $3.15 1.88M Oct 16, 2023 Direct F2
transaction RVYL Common Stock par value $0.001 Tax liability -$161 -51 0% $3.15 1.88M Oct 16, 2023 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On October 17, 2023, as part of his monthly compensation as a director of the Company, the Board of Directors of the Company granted Mr. Nisan 1,587 shares of Common Stock pursuant to the Company's 2021 Restricted Stock Plan, whereby the shares granted shall vest on 4/13/2024.
F2 Represents withholding of shares of common stock for the tax liability associated with the vesting of 1/3 of the registered shares granted on May 1, 2023 for Q1 2023 compensation.
F3 Represents withholding of shares of common stock for the tax liability associated with the vesting of 1/3 of the registered shares granted on May 1, 2023 for Q2 2023compensation.