Zechariah John Kirscher - 16 Nov 2023 Form 4 Insider Report for RYVYL Inc. (RVYL)

Signature
/s/ Zechariah Kirscher
Issuer symbol
RVYL
Transactions as of
16 Nov 2023
Net transactions value
$0
Form type
4
Filing time
11 Dec 2023, 18:29:45 UTC
Previous filing
10 Aug 2023
Next filing
10 Apr 2025

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 F1
* 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. Kirscher 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.