Fredi Nisan - Dec 12, 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
Dec 12, 2023
Transactions value $
$4,735
Form type
4
Date filed
12/21/2023, 08:09 PM
Previous filing
Nov 28, 2023
Next filing
Jan 19, 2024

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 -$133 -47 0% $2.83 2.04M Dec 12, 2023 Direct F1
transaction RVYL Common Stock par value $0.001 Tax liability -$130 -46 0% $2.83 2.04M Dec 12, 2023 Direct F2
transaction RVYL Common Stock par value $0.001 Award $5K +1.63K +0.08% $3.07 2.04M Dec 19, 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. Nisan 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.