Michael Fleck - Mar 24, 2022 Form 4 Insider Report for CYREN Ltd. (CYRN)

Signature
/s/ Michael Fleck
Stock symbol
CYRN
Transactions as of
Mar 24, 2022
Transactions value $
-$778
Form type
4
Date filed
3/28/2022, 05:06 PM
Previous filing
Jul 23, 2021
Next filing
Jun 23, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CYRN Ordinary Shares Sale -$778 -101 -0.03% $7.70* 315K Mar 24, 2022 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 Mar 24, 2022 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 An aggregate of 10,000 restricted stock units held by the reporting person vested and settled on March 24, 2022. The Reporting Person sold the reported shares to cover the tax liability associated with the vesting of the restricted stock units.
F2 These Options (Right to Buy) vest 25% on August 11, 2021 and then monthly over the next three years.