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

Signature
/s/Laura L. Taylor, by Power of Attorney
Issuer symbol
CYAN
Transactions as of
29 Jul 2022
Net transactions value
$0
Form type
4
Filing time
02 Aug 2022, 16:06:16 UTC
Previous filing
08 Apr 2022
Next filing
10 Apr 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 +5,041 +14826% $0.000000 5,075 29 Jul 2022 Common Stock 5,041 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.