Michael Fleck - Jul 21, 2021 Form 4 Insider Report for CYREN Ltd. (CYRN)

Role
VP Marketing
Signature
/s/ Michael Fleck
Stock symbol
CYRN
Transactions as of
Jul 21, 2021
Transactions value $
$0
Form type
4
Date filed
7/23/2021, 05:29 PM
Previous filing
Jul 22, 2021
Next filing
Mar 28, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CYRN Ordinary Shares Award $0 +300K +2000% $0.00 315K Jul 21, 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 CYRN Options (Right to Buy) 75K Jul 21, 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 four equal annual installments beginning on July 21, 2022.
F2 These Options (Right to Buy) vest 25% on August 11, 2021 and then monthly over the next three years.