Felicia I. Ladin - Jul 29, 2022 Form 4 Insider Report for CYANOTECH CORP (CYAN)

Role
CFO, VP Fin & Admin, Treasurer
Signature
/s/Laura L. Taylor, by Power of Attorney
Stock symbol
CYAN
Transactions as of
Jul 29, 2022
Transactions value $
$0
Form type
4
Date filed
8/2/2022, 03:58 PM
Previous filing
Apr 8, 2022
Next filing
Apr 10, 2023

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 Restricted Stock Units Award $0 +5.24K +15414.71% $0.00 5.28K Jul 29, 2022 Common Stock 5.24K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents the contingent right to receive one (1) share of Cyanotech Common Stock.
F2 The restricted stock units vest as to 34 shares on April 6, 2023; and 1,747 shares each on July 29, 2023, July 29, 2024 and July 29, 2025, in each case subject to the reporting person's continued service with the Company on the vesting date.