Michael A. /. Davis - Nov 30, 2021 Form 4 Insider Report for CYANOTECH CORP (CYAN)

Role
Director, 10%+ Owner
Signature
/s/Laura L. Taylor, by Power of Attorney
Stock symbol
CYAN
Transactions as of
Nov 30, 2021
Transactions value $
$126,194
Form type
4
Date filed
12/1/2021, 04:05 PM
Previous filing
Oct 20, 2021
Next filing
Sep 1, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CYAN Cyanotech Corporation Common Stock Purchase $63.1K +18K +45% $3.51 58K Nov 30, 2021 By self as trustee for Nettizanne Johnstone Davis GST Exempt Trust F1
transaction CYAN Cyanotech Corporation Common Stock Purchase $63.1K +18K +44.13% $3.51 58.8K Nov 30, 2021 By self as trustee for Nyracai Johnstone Davis GST Exempt Trust F2
holding CYAN Cyanotech Corporation Common Stock 12.1K Nov 30, 2021 Direct
holding CYAN Cyanotech Corporation Common Stock 31.3K Nov 30, 2021 By Spouse
holding CYAN Cyanotech Corporation Common Stock 150K Nov 30, 2021 By self as co-trustee for the Nyracai Davis Irr. Trust and the Nettizanne J. Davis Irr. Trust
holding CYAN Cyanotech Corporation Common Stock 488K Nov 30, 2021 By self as trustee of the Michael Arlen Davis Revocable Trust
holding CYAN Cyanotech Corporation Common Stock 425K Nov 30, 2021 By self as director of Skywords Family Foundation Inc. F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported is a weighted average price. These shares were bought in multiple transactions at prices ranging from $3.43 to $3.55, inclusive. The reporting person undertakes to provide to Cyanotech Corporation, any security holder of Cyanotech Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote and footnote 2.
F2 The price reported is a weighted average price. These shares were bought in multiple transactions at prices ranging from $3.42 to $3.55, inclusive.
F3 Skywords is a 501(c)(3) charitable foundation, of which the Reporting Person and his spouse serve as the two directors. The Reporting Person should not be deemed to be a beneficial owner of the shares held by Skywords under Rule 16a-2, however, the shares held by Skywords are included here for purposes of complete disclosure and in light of such shares having been previously disclosed on previous Forms 4 filed by the Reporting Person.