Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | CYAN | Restricted Stock Units | Options Exercise | $0 | -736 | -26.27% | $0.00 | 2.07K | Jul 13, 2021 | Common Stock | 736 | Direct | F3, F4 |
Id | Content |
---|---|
F1 | Represents the conversion upon vesting of restricted stock units into common stock. |
F2 | No stock was sold. On July 13, 2021, in connection with the vesting of 736 shares of stock, the Company withheld a total of 277 shares to satisfy a payroll tax liability incident to such vesting. |
F3 | Each restricted stock unit represents the contingent right to receive one (1) share of Cyanotech Common Stock. |
F4 | The restricted stock units vest as to 666 shares on July 30, 2021; 33 shares on April 6, 2022; 666 shares on July 30, 2022; 34 shares on April 6, 2023; and 667 shares on July 30, 2023, in each case subject to the reporting person's continued service with the Company on the vesting date. |