Collette Nicole Kakuk - 18 Feb 2025 Form 4 Insider Report for CYANOTECH CORP (CYAN)

Role
Chief Strategic Comml Officer
Signature
/s/Laura L. Taylor, by Power of Attorney
Issuer symbol
CYAN
Transactions as of
18 Feb 2025
Net transactions value
-$622
Form type
4
Filing time
20 Feb 2025, 15:34:32 UTC
Previous filing
21 Feb 2024
Next filing
09 Apr 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CYAN Common Stock Options Exercise $0 +3,900 +166% $0.000000 6,244 18 Feb 2025 Direct F1
transaction CYAN Common Stock Tax liability $622 -1,556 -25% $0.4000 4,688 18 Feb 2025 Direct F2

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 Options Exercise $0 -3,900 -100% $0.000000 0 18 Feb 2025 Common Stock 3,900 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the conversion upon vesting of restricted stock units into common stock.
F2 No stock was sold. On February 18, 2025, in connection with the vesting of 3,900 shares of stock, the Company withheld a total of 1,556 shares to satisfy a payroll tax liability incident to such vesting.
F3 Each restricted stock unit represents the contingent right to receive one (1) share of Cyanotech Common Stock.
F4 The restricted stock units vested as to 3,900 shares on February 16, 2025, which such shares were issued on February 18, 2025.