Karen M. Macleod - 31 Mar 2023 Form 4 Insider Report for Cyngn Inc. (CYN)

Role
Director
Signature
/s/ Karen Macleod
Issuer symbol
CYN
Transactions as of
31 Mar 2023
Net transactions value
+$1,538
Form type
4
Filing time
04 Apr 2023, 17:15:37 UTC
Previous filing
20 Jul 2022
Next filing
31 May 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CYN Common Stock Purchase $1,538 +1,250 +2.6% $1.23 50,163 31 Mar 2023 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 represents the average price paid for the shares. These shares were purchased in multiple transactions at prices ranging from $1.16 to $1.257. Upon request by the Securities and Exchange Commission, the Issuer or the Reporting Person shall provide full information regarding the number of shares purchased at each separate price.
F2 The total reported in Column 5 includes 48,913 RSUs, which represent a contingent right to receive one share of common stock for each RSU. The RSUs vest monthly in equal parts over a period of three years provided that the Reporting Person remains in continuous service on each vesting date. Of the 48,913 RSUs, 12,228 have vested and issued to the Reporting Person.