George Oliva - 08 Dec 2023 Form 4 Insider Report for RYVYL Inc. (RVYL)

Role
Chief Financial Officer
Signature
/s/ Jasmine Farrington, attorney-in-fact
Issuer symbol
RVYL
Transactions as of
08 Dec 2023
Net transactions value
+$25,314
Form type
4
Filing time
21 Dec 2023, 20:11:24 UTC
Previous filing
25 Oct 2023
Next filing
10 Apr 2025
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 $49,997 +16,891 $2.96 16,891 08 Dec 2023 Direct F1
transaction RVYL Common Stock par value $0.001 Tax liability $24,683 -8,339 -49% $2.96 8,552 08 Dec 2023 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 At the time of appointment, the Board of Directors approved a grant of shares of common stock in the amount of $50,000 to be issued on the ninetieth day after Mr. Oliva's start date. The grant was then accelerated to by issued on December 8, 2023.
F2 Represents withholding of shares of common stock for the tax liability associated with the vesting of the registered shares granted on December 8, 2023.