Michael Fleck - 24 Mar 2022 Form 4 Insider Report for CYREN Ltd.

Role
VP Marketing
Signature
/s/ Michael Fleck
Issuer symbol
N/A
Transactions as of
24 Mar 2022
Net transactions value
-$778
Form type
4
Filing time
28 Mar 2022, 17:06:52 UTC
Previous filing
23 Jul 2021
Next filing
23 Jun 2022
SEC
View on sec.gov

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* 314,899 24 Mar 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) 75,000 24 Mar 2022 Common Stock 75,000 $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.