Donald Alvarez - Nov 7, 2023 Form 4 Insider Report for Cyngn Inc. (CYN)

Signature
/s/ Donald Alvarez
Stock symbol
CYN
Transactions as of
Nov 7, 2023
Transactions value $
$0
Form type
4
Date filed
11/9/2023, 07:30 PM
Previous filing
Nov 10, 2022

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 +192K $0.00 192K Nov 7, 2023 Common Stock 192K $0.25 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.