Donald Alvarez - 08 Nov 2022 Form 4 Insider Report for Cyngn Inc. (CYN)

Signature
/s/ Donald Alvarez
Issuer symbol
CYN
Transactions as of
08 Nov 2022
Net transactions value
$0
Form type
4
Filing time
10 Nov 2022, 16:21:44 UTC
Previous filing
19 Oct 2021
Next filing
09 Nov 2023

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 Employee Stock Option (right to buy) Award $0 +475,000 $0.000000 475,000 08 Nov 2022 Common Stock 475,000 $0.9800 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 1/48th of the shares subject to the stock option will vest and become exercisable in monthly installments, commencing on the grant date.