Ben Landen - 27 Jul 2022 Form 4 Insider Report for Cyngn Inc. (CYN)

Signature
/s/ Ben Landen
Issuer symbol
CYN
Transactions as of
27 Jul 2022
Net transactions value
+$9,200
Form type
4
Filing time
01 Aug 2022, 14:02:06 UTC
Previous filing
19 Oct 2021
Next filing
10 Nov 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CYN Common Stock Options Exercise $9,200 +40,000 $0.2300 40,000 27 Jul 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
transaction CYN Stock Options Options Exercise $0 -40,000 -27% $0.000000 110,000 27 Jul 2022 Common Stock 40,000 $0.2300 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Common Stock was issued to Reporting Person upon the exercise of stock options. The Reporting Person has no present intention to sell the shares of common stock acquired upon exercise of the stock options.