Redpoint Ventures IV, L.P. - 22 Oct 2021 Form 4 Insider Report for Cyngn, Inc. (CYN)

Reporting relationship: 10%+ Owner
Issuer ticker: CYN
Reported as of: 22 Oct 2021
Net transaction value: $0
SEC form: 4
Accepted by SEC: 26 Oct 2021, 17:10:04 UTC
Prior SEC filing: 19 Oct 2021
Next SEC filing: 12 Nov 2021
Source filing: View source filing
Reporting owner signature: REDPOINT VENTURES IV, L.P. By: Redpoint Ventures IV, LLC, its General Partner By: /s/ Scott Raney, Managing Director

Key filing fact

Redpoint Ventures IV, L.P. filed Form 4 for Cyngn, Inc. (CYN) on 26 Oct 2021.

Key facts

This page summarizes Redpoint Ventures IV, L.P.'s Form 4 filing for Cyngn, Inc. (CYN).
12 reported transactions and 6 derivative rows are listed below.
Accepted by SEC: 26 Oct 2021, 17:10.

Change

Previous filing in this sequence was filed on 19 Oct 2021.
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.

CYN transaction

Common Stock

Conversion of derivative security

Transaction value
Shares: +1,710,026
Change %
Price
Shares after: 1,710,026
Date: 22 Oct 2021
Ownership: Direct
Footnotes: F1

CYN transaction

Common Stock

Conversion of derivative security

Transaction value
Shares: +43,847
Change %
Price
Shares after: 43,847
Date: 22 Oct 2021
Ownership: By Redpoint Associates IV, LLC
Footnotes: F1, F2

CYN transaction

Common Stock

Conversion of derivative security

Transaction value
Shares: +560,196
Change %: +33%
Price
Shares after: 2,270,222
Date: 22 Oct 2021
Ownership: Direct
Footnotes: F1

CYN transaction

Common Stock

Conversion of derivative security

Transaction value
Shares: +14,364
Change %: +33%
Price
Shares after: 58,211
Date: 22 Oct 2021
Ownership: By Redpoint Associates IV, LLC
Footnotes: F1, F2

CYN transaction

Common Stock

Conversion of derivative security

Transaction value
Shares: +132,033
Change %: +5.8%
Price
Shares after: 2,402,255
Date: 22 Oct 2021
Ownership: Direct
Footnotes: F1

CYN transaction

Common Stock

Conversion of derivative security

Transaction value
Shares: +3,385
Change %: +5.8%
Price
Shares after: 61,596
Date: 22 Oct 2021
Ownership: By Redpoint Associates IV, LLC
Footnotes: F1, F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

CYN transaction Derivative

Series A Preferred Stock

Conversion of derivative security

Transaction value: $0
Shares: -1,710,026
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 22 Oct 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 1,710,026
Exercise price
Footnotes: F1

CYN transaction Derivative

Series A Preferred Stock

Conversion of derivative security

Transaction value: $0
Shares: -43,847
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 22 Oct 2021
Ownership: By Redpoint Associates IV, LLC
Underlying class: Common Stock
Underlying amount: 43,847
Exercise price
Footnotes: F1, F2

CYN transaction Derivative

Series B Preferred Stock

Conversion of derivative security

Transaction value: $0
Shares: -560,196
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 22 Oct 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 560,196
Exercise price
Footnotes: F1

CYN transaction Derivative

Series B Preferred Stock

Conversion of derivative security

Transaction value: $0
Shares: -14,364
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 22 Oct 2021
Ownership: By Redpoint Associates IV, LLC
Underlying class: Common Stock
Underlying amount: 14,364
Exercise price
Footnotes: F1, F2

CYN transaction Derivative

Series C Preferred Stock

Conversion of derivative security

Transaction value: $0
Shares: -132,033
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 22 Oct 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 132,033
Exercise price
Footnotes: F1

CYN transaction Derivative

Series C Preferred Stock

Conversion of derivative security

Transaction value: $0
Shares: -3,385
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 22 Oct 2021
Ownership: By Redpoint Associates IV, LLC
Underlying class: Common Stock
Underlying amount: 3,385
Exercise price
Footnotes: F1, F2

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Redpoint Ventures IV, L.P. is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 2 footnotes

Footnote F1

The shares of Preferred Stock automatically converted into shares of the Company's Common Stock immediately prior to the consummation of the Company's initial public offering for no additional consideration, on a one-for-one basis, and had no expiration date.

Footnote F2

Redpoint Ventures IV, LLC ("RV IV LLC") is the sole general partner of Redpoint Ventures IV, L.P. ("RV IV"). RV IV LLC and Redpoint Associates IV, LLC ("RA IV") are under common control. As such, RV IV LLC has sole voting and investment control over the shares owned by RV IV, and may be deemed to beneficially own the shares held by RV IV. Each of the Reporting Persons disclaims beneficial ownership of the shares reported herein, except to the extent of its respective pecuniary interest therein.

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