David L. Vied - Apr 3, 2023 Form 4 Insider Report for CYANOTECH CORP (CYAN)

Role
Director
Signature
/s/Laura L. Taylor, by Power of Attorney
Stock symbol
CYAN
Transactions as of
Apr 3, 2023
Transactions value $
$0
Form type
4
Date filed
4/4/2023, 03:29 PM
Previous filing
Sep 1, 2022
Next filing
Aug 28, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CYAN Cyanotech Corporation Common Stock Award $0 +9.12K +10.61% $0.00 95.1K Apr 3, 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 To reduce the Company's ongoing cash expenses, the Nominating and Corporate Governance Committee of the Board of Directors adopted a resolution allowing each director to elect to receive his or her quarterly director fees in the form of restricted stock in lieu of cash. The Reporting Person elected to receive shares of restricted stock in lieu of cash for the third fiscal quarter.