Min Wei - Nov 16, 2023 Form 4 Insider Report for RYVYL Inc. (RVYL)

Role
Chief Operating Officer
Signature
/s/ Jasmine Farrington, attorney-in-fact
Stock symbol
RVYL
Transactions as of
Nov 16, 2023
Transactions value $
$158,400
Form type
4
Date filed
11/30/2023, 04:35 PM
Previous filing
Dec 28, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RVYL Common Stock par value $0.001 Award $158K +80K +84.98% $1.98 174K Nov 27, 2023 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction RVYL Stock Options Award $0 +80K $0.00 80K Nov 16, 2023 Common Stock, Par value 80K $1.98 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On November 16, 2023, the Company granted Mr. Wei 80,000 shares of Common Stock pursuant to the Company's 2023 Equity Incentive Plan, whereby 1/3 of the shares granted shall vest on December 31, 2023, an additional 1/3 of the shares granted shall vest each year thereafter, and all shares shall fully vest on December 31, 2025. The issuance for the grant occurred on November 27, 2023. The issuance for the grant occurred on November 27, 2023.
F2 On November 16, 2023, the Company granted Mr. Wei 80,000 stock options pursuant to the Company's 2023 Equity Incentive Plan, whereby 1/3 of the options granted shall vest on December 31, 2023, an additional 1/3 of the options granted shall vest each year thereafter, and all options shall fully vest on December 31, 2025.