Matthew Keith Custer - 07 Apr 2025 Form 4 Insider Report for CYANOTECH CORP (CYAN)

Signature
/s/Laura L. Taylor, by Power of Attorney
Issuer symbol
CYAN
Transactions as of
07 Apr 2025
Net transactions value
$0
Form type
4
Filing time
09 Apr 2025, 16:01:34 UTC
Previous filing
31 Jul 2024
Next filing
18 Jun 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CYAN Common Stock Options Exercise $0 +33 +0.71% $0.000000 4,679 07 Apr 2025 Direct F1

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 -33 -1.5% $0.000000 2,109 07 Apr 2025 Common Stock 33 Direct F2, F3
* 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 Each restricted stock unit represents the contingent right to receive one (1) share of Cyanotech Common Stock.
F3 The restricted stock units vest as to 2,075 shares on July 29, 2025; and 34 shares on April 6, 2026, in each case subject to the reporting person's continued service with the Company on the vesting date.