James McDonnell - Jul 13, 2022 Form 4 Insider Report for Cyngn Inc. (CYN)

Role: Director
Signature: /s/ James McDonnell
Stock symbol: CYN
Transactions as of: Jul 13, 2022
Transactions value $: $0
Form type: 4
Date filed: 7/20/2022, 06:27 PM
Previous filing: May 3, 2022
Next filing: May 31, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CYN	Common Stock	Award	$0	+2.72K	+5.88%	$0.00	48.9K	Jul 13, 2022	Direct	F1

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

Explanation of Responses:

Id	Content
F1	The Reporting Person was granted restricted stock units ("RSUs"), which represent a contingent right to receive one share of Common Stock for each RSU. The reported transaction involved the Reporting Person's receipt of 2,717 of the RSUs vested on July 13, 2022. Additional RSUs will vest monthly in equal parts over a period of three years provided that the Reporting Person remains in continuous service on each vesting date. The Reporting Person previously reported the award of the RSUs in Table II of Form 4. The total reported in Column 5 includes 48,913 RSUs previously reported in Table II, of which 2,717 have vested and issued to the Reporting Person.

Content

The Reporting Person was granted restricted stock units ("RSUs"), which represent a contingent right to receive one share of Common Stock for each RSU. The reported transaction involved the Reporting Person's receipt of 2,717 of the RSUs vested on July 13, 2022. Additional RSUs will vest monthly in equal parts over a period of three years provided that the Reporting Person remains in continuous service on each vesting date. The Reporting Person previously reported the award of the RSUs in Table II of Form 4. The total reported in Column 5 includes 48,913 RSUs previously reported in Table II, of which 2,717 have vested and issued to the Reporting Person.