Michael Fleck - Jul 1, 2021 Form 3 Insider Report for CYREN Ltd. (SYRN)

Role: VP Marketing
Signature: /s/ Michael Fleck
Stock symbol: SYRN
Transactions as of: Jul 1, 2021
Transactions value $: $0
Form type: 3
Date filed: 7/22/2021, 05:29 PM
Next filing: Jul 23, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	SYRN	Ordinary Shares						15K	Jul 1, 2021	Direct	F1

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

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
holding	SYRN	Options (Right to Buy)							Jul 1, 2021	Common Stock	75K	$1.72	Direct	F2

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

Explanation of Responses:

Id	Content
F1	These shares were issued as a Restricted Stock Unit grant to the Reporting Person by the issuer under the issuer's 2016 Equity Incentive Plan. The Restricted Stock Units vest in three equal annual installments beginning on March 24, 2022.
F2	These Options (Right to Buy) vest 25% on August 11, 2021 and then monthly over the next three years.