Donald Alvarez - Nov 8, 2022 Form 4 Insider Report for Cyngn Inc. (CYN)

Role
Chief Financial Officer, Director
Signature
/s/ Donald Alvarez
Stock symbol
CYN
Transactions as of
Nov 8, 2022
Transactions value $
$0
Form type
4
Date filed
11/10/2022, 04:21 PM
Previous filing
Oct 19, 2021
Next filing
Nov 9, 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 +475K $0.00 475K Nov 8, 2022 Common Stock 475K $0.98 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.