Matthew Keith Custer - 20 May 2021 Form 4 Insider Report for CYANOTECH CORP (CYAN)

Role
President
Signature
/s/Laura L. Taylor, by Power of Attorney
Issuer symbol
CYAN
Transactions as of
20 May 2021
Net transactions value
$0
Form type
4
Filing time
25 May 2021, 16:06:45 UTC
Next filing
15 Jul 2021
SEC
View on sec.gov

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 CYAN Cyanotech common stock options Award $0 +50,000 $0.000000 50,000 20 May 2021 Cyanotech common stock 50,000 $2.96 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The stock options shall vest as to 16,667 shares on May 20, 2022, 16,667 shares on May 20, 2023 and 16,666 shares on May 20, 2024, in each case subject to continued service with Cyanotech on the vesting date.