Michael A. Davis - 03 Apr 2023 Form 4 Insider Report for CYANOTECH CORP (CYAN)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
04 Apr 2023, 15:32:45 UTC
Prior SEC filing
01 Sep 2022
Next SEC filing
28 Aug 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/Laura L. Taylor, by Power of Attorney

Key filing fact

Michael A. Davis filed Form 4 for CYANOTECH CORP (CYAN) on 04 Apr 2023.

Key facts

  • This page summarizes Michael A. Davis's Form 4 filing for CYANOTECH CORP (CYAN).
  • 1 reported transaction and 0 derivative rows are listed below.
  • Accepted by SEC: 04 Apr 2023, 15:32.

Change

  • Previous filing in this sequence was filed on 01 Sep 2022.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

CYAN transaction

Cyanotech Corporation Common Stock

Award

Transaction value
$0
Shares
+8,551
Change %
+1.7%
Price
$0.000000
Shares after
508,370
Date
03 Apr 2023
Ownership
By self as trustee of the Michael Arlen Davis Revocable Trust
Footnotes
F1
CYAN holding

Cyanotech Corporation Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
12,119
Date
03 Apr 2023
Ownership
Direct
CYAN holding

Cyanotech Corporation Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
31,250
Date
03 Apr 2023
Ownership
By Spouse
CYAN holding

Cyanotech Corporation Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
150,000
Date
03 Apr 2023
Ownership
By self as co-trustee for the Nyracai Davis Irr. Trust and the Nettizanne J. Davis Irr. Trust
CYAN holding

Cyanotech Corporation Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
424,621
Date
03 Apr 2023
Ownership
By self as director of Skywords Family Foundation Inc.
Footnotes
F2
CYAN holding

Cyanotech Corporation Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
58,000
Date
03 Apr 2023
Ownership
By self as trustee for Nettizanne Johnstone Davis GST Exempt Trust
CYAN holding

Cyanotech Corporation Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
58,789
Date
03 Apr 2023
Ownership
By self as trustee for Nyracai Johnstone Davis GST Exempt Trust
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote 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.

Footnote F2

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.

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