George Oliva - Dec 8, 2023 Form 4 Insider Report for RYVYL Inc. (RVYL)

Role
Chief Financial Officer
Signature
/s/ Jasmine Farrington, attorney-in-fact
Stock symbol
RVYL
Transactions as of
Dec 8, 2023
Transactions value $
$25,314
Form type
4
Date filed
12/21/2023, 08:11 PM
Previous filing
Oct 25, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RVYL Common Stock par value $0.001 Award $50K +16.9K $2.96 16.9K Dec 8, 2023 Direct F1
transaction RVYL Common Stock par value $0.001 Tax liability -$24.7K -8.34K -49.37% $2.96 8.55K Dec 8, 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.