Charles Jason Hartmann - Jul 29, 2022 Form 4 Insider Report for CYANOTECH CORP (CYAN)

Role
VP, Sales & Marketing
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, 04:06 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 +5.04K +14826.47% $0.00 5.08K Jul 29, 2022 Common Stock 5.04K 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; 1,680 shares on July 29, 2023; 1,680 shares on July 29, 2024; and 1,681 shares on July 29, 2025, in each case subject to the reporting person's continued service with the Company on the vesting date.