Redpoint Ventures IV, L.P. - Oct 22, 2021 Form 4 Insider Report for Cyngn, Inc. (CYN)

Role: 10%+ Owner
Signature: REDPOINT VENTURES IV, L.P. By: Redpoint Ventures IV, LLC, its General Partner By: /s/ Scott Raney, Managing Director
Stock symbol: CYN
Transactions as of: Oct 22, 2021
Transactions value $: $0
Form type: 4
Date filed: 10/26/2021, 05:10 PM
Previous filing: Oct 19, 2021
Next filing: Nov 12, 2021

Transactions Table

Type	Sym	Class	Transaction	Shares	Change %	Shares After	Date	Ownership	Footnotes
transaction	CYN	Common Stock	Conversion of derivative security	+1.71M		1.71M	Oct 22, 2021	Direct	F1
transaction	CYN	Common Stock	Conversion of derivative security	+43.8K		43.8K	Oct 22, 2021	By Redpoint Associates IV, LLC	F1, F2
transaction	CYN	Common Stock	Conversion of derivative security	+560K	+32.76%	2.27M	Oct 22, 2021	Direct	F1
transaction	CYN	Common Stock	Conversion of derivative security	+14.4K	+32.76%	58.2K	Oct 22, 2021	By Redpoint Associates IV, LLC	F1, F2
transaction	CYN	Common Stock	Conversion of derivative security	+132K	+5.82%	2.4M	Oct 22, 2021	Direct	F1
transaction	CYN	Common Stock	Conversion of derivative security	+3.39K	+5.82%	61.6K	Oct 22, 2021	By Redpoint Associates IV, LLC	F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Date	Underlying Class	Amount	Ownership	Footnotes
transaction	CYN	Series A Preferred Stock	Conversion of derivative security	$0	-1.71M	-100%	$0.00^*	Oct 22, 2021	Common Stock	1.71M	Direct	F1
transaction	CYN	Series A Preferred Stock	Conversion of derivative security	$0	-43.8K	-100%	$0.00^*	Oct 22, 2021	Common Stock	43.8K	By Redpoint Associates IV, LLC	F1, F2
transaction	CYN	Series B Preferred Stock	Conversion of derivative security	$0	-560K	-100%	$0.00^*	Oct 22, 2021	Common Stock	560K	Direct	F1
transaction	CYN	Series B Preferred Stock	Conversion of derivative security	$0	-14.4K	-100%	$0.00^*	Oct 22, 2021	Common Stock	14.4K	By Redpoint Associates IV, LLC	F1, F2
transaction	CYN	Series C Preferred Stock	Conversion of derivative security	$0	-132K	-100%	$0.00^*	Oct 22, 2021	Common Stock	132K	Direct	F1
transaction	CYN	Series C Preferred Stock	Conversion of derivative security	$0	-3.39K	-100%	$0.00^*	Oct 22, 2021	Common Stock	3.39K	By Redpoint Associates IV, LLC	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Redpoint Ventures IV, L.P. is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id	Content
F1	The shares of Preferred Stock automatically converted into shares of the Company's Common Stock immediately prior to the consummation of the Company's initial public offering for no additional consideration, on a one-for-one basis, and had no expiration date.
F2	Redpoint Ventures IV, LLC ("RV IV LLC") is the sole general partner of Redpoint Ventures IV, L.P. ("RV IV"). RV IV LLC and Redpoint Associates IV, LLC ("RA IV") are under common control. As such, RV IV LLC has sole voting and investment control over the shares owned by RV IV, and may be deemed to beneficially own the shares held by RV IV. Each of the Reporting Persons disclaims beneficial ownership of the shares reported herein, except to the extent of its respective pecuniary interest therein.

Content

The shares of Preferred Stock automatically converted into shares of the Company's Common Stock immediately prior to the consummation of the Company's initial public offering for no additional consideration, on a one-for-one basis, and had no expiration date.

Redpoint Ventures IV, LLC ("RV IV LLC") is the sole general partner of Redpoint Ventures IV, L.P. ("RV IV"). RV IV LLC and Redpoint Associates IV, LLC ("RA IV") are under common control. As such, RV IV LLC has sole voting and investment control over the shares owned by RV IV, and may be deemed to beneficially own the shares held by RV IV. Each of the Reporting Persons disclaims beneficial ownership of the shares reported herein, except to the extent of its respective pecuniary interest therein.