Ben Errez - Jan 2, 2024 Form 4 Insider Report for RYVYL Inc. (RVYL)

Role
Chairman of Board of Directors, Director, 10%+ Owner
Signature
/s/ Jasmine Farrington Attorney-in-fact
Stock symbol
RVYL
Transactions as of
Jan 2, 2024
Transactions value $
-$43,807
Form type
4
Date filed
1/19/2024, 08:20 AM
Previous filing
Dec 21, 2023
Next filing
Feb 14, 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 -$48.5K -10.9K -0.54% $4.44 2.03M Jan 2, 2024 Direct F1
transaction RVYL Common Stock par value $0.001 Tax liability -$285 -68 0% $4.19 2.03M Jan 16, 2024 Direct F2
transaction RVYL Common Stock par value $0.001 Award $5K +1.19K +0.06% $4.19 2.03M Jan 16, 2024 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 November 27, 2023 for 2023 LTI.
F2 Represents withholding of shares of common stock for the tax liability associated with the vesting of the registered shares granted on July 17, 2023 for July 2023 compensation.
F3 On January 16, 2024, as part of his monthly compensation as a director of the Company, the Board of Directors of the Company granted Mr. Errez 1,193 shares of Common Stock pursuant to the Company's 2023 Equity Incentive Plan, whereby the shares granted shall vest on 7/15/2024.