Lior Tal - 07 Nov 2023 Form 4 Insider Report for Cyngn Inc. (CYN)

Signature
/s/ Lior Tal
Issuer symbol
CYN
Transactions as of
07 Nov 2023
Net transactions value
$0
Form type
4
Filing time
09 Nov 2023, 19:30:18 UTC
Previous filing
10 Nov 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 +912,000 $0.000000 912,000 07 Nov 2023 Common Stock 912,000 $0.2510 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.