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

Role: Chief Operating Officer
Signature: /s/ Jasmine Farrington, attorney-in-fact
Issuer symbol: RVYL
Transactions as of: 16 Nov 2023
Net transactions value: +$158,400
Form type: 4
Filing time: 30 Nov 2023, 16:35:03 UTC
Previous filing: 28 Dec 2022
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	$158,400	+80,000	+85%	$1.98	174,135	27 Nov 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	+80,000		$0.000000	80,000	16 Nov 2023	Common Stock, Par value	80,000	$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.

Content

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.

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.