Ben Errez - 12 Dec 2023 Form 4 Insider Report for RYVYL Inc. (RVYL)

Role
Chairman of Board of Directors, Director, 10%+ Owner
Signature
/s/ Jasmine Farrington Attorney-in-fact
Issuer symbol
RVYL
Transactions as of
12 Dec 2023
Net transactions value
+$4,472
Form type
4
Filing time
21 Dec 2023, 20:02:45 UTC
Previous filing
28 Nov 2023
Next filing
19 Jan 2024
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 Tax liability $266 -94 -0% $2.83 2,038,151 12 Dec 2023 Direct F1
transaction RVYL Common Stock par value $0.001 Tax liability $260 -92 -0% $2.83 2,038,059 12 Dec 2023 Direct F2
transaction RVYL Common Stock par value $0.001 Award $4,998 +1,628 +0.08% $3.07 2,039,687 19 Dec 2023 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
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 Q2 2023 compensation.
F3 On December 15, 2023, as part of his monthly compensation as a director of the Company, the Board of Directors of the Company granted Mr. Errez 1,628 shares of Common Stock pursuant to the Company's 2023 Equity Incentive Plan, whereby the shares granted shall vest on 6/12/2024. The issuance for the grant occurred on December 19, 2023.