Brian Chang - 21 Jul 2021 Form 4/A - Amendment Insider Report for CYREN Ltd.

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4/A - Amendment
Accepted by SEC
23 Jul 2021, 20:29:20 UTC
Original report date
23 Jul 2021
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Brian Chang

Key filing fact

Brian Chang filed Form 4/A - Amendment for CYREN Ltd. on 23 Jul 2021.

Key facts

  • This page summarizes Brian Chang's Form 4/A - Amendment filing for CYREN Ltd..
  • 1 reported transaction and 0 derivative rows are listed below.
  • Accepted by SEC: 23 Jul 2021, 20:29.

Change

  • No earlier filing in this sequence is available for direct comparison.
  • 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/A - Amendment disclosures.

View source filing

Reported non-derivative transactions

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

CYRN transaction

Ordinary Shares

Award

Transaction value
$0
Shares
+25,000
Change %
+50%
Price
$0.000000
Shares after
75,000
Date
21 Jul 2021
Ownership
Direct
Footnotes
F1
CYRN holding

Ordinary Shares

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
32,211,010
Date
21 Jul 2021
Ownership
See Footnotes
Footnotes
F2, F3, F4, F5
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote F1

These shares were issued as a restricted stock unit grant to the Reporting Person by the issuer under the issuer's 2016 Non-Employee Director Equity Incentive Plan. The restricted stock units vest in four equal annual installments beginning on July 21, 2022.

Footnote F2

The Reporting Person is an indirect beneficial owner of Warburg Pincus (Bermuda) Private Equity GP Ltd., a Bermuda exempted company ("WP Bermuda GP"), and a Member and Managing Director of Warburg Pincus LLC, a New York limited liability company ("WP LLC"). All Ordinary Shares indicated as indirectly owned by the Reporting Person are included because of his affiliation with the Warburg Pincus Entities (as defined below), due to which the Reporting Person may be deemed to have an indirect pecuniary interest (within the meaning of Rule 16a-1 under the Securities and Exchange Act of 1934, as amended) in an indeterminate portion of the Ordinary Shares owned by the Warburg Pincus Entities. The Reporting Person disclaims beneficial ownership of all Ordinary Shares attributable to the Warburg Pincus Entities except to the extent of his direct pecuniary interest therein.

Footnote F3

The "Warburg Pincus Funds" are Warburg Pincus (Callisto) Private Equity XII (Cayman), L.P., Warburg Pincus (Europa) Private Equity XII (Cayman), L.P., Warburg Pincus (Ganymede) Private Equity XII (Cayman), L.P., Warburg Pincus Private Equity XII-B (Cayman), L.P., Warburg Pincus Private Equity XII-D (Cayman), L.P., Warburg Pincus Private Equity XII-E (Cayman), L.P., Warburg Pincus XII Partners (Cayman), L.P., and WP XII Partners (Cayman), L.P. The Warburg Pincus Funds hold shares through their direct, wholly-owned subsidiary, WP XII Investments Coperatief U.A. ("WP XII Coop"), which holds shares through its direct, wholly-owned subsidiary, WP XII Investments B.V. ("WP XII BV").

Footnote F4

Warburg Pincus (Cayman) XII, L.P. ("WP XII Cayman GP") is the general partner of each of the Warburg Pincus Funds. Warburg Pincus (Cayman) XII GP LLC ("WP XII Cayman GP LLC") is the general partner of WP XII Cayman GP. Warburg Pincus Partners II (Cayman), L.P. ("WPP II Cayman") is the sole member of WP XII Cayman GP LLC. WP Bermuda GP is the general partner of WPP II Cayman. WP LLC is the manager of each of the Warburg Pincus Funds.

Footnote F5

Each of the Warburg Pincus Funds, WP XII Coop, WP XII BV, WP XII Cayman GP, WP XII Cayman GP LLC, WPP II Cayman, WP Bermuda GP, and WP LLC are collectively referred to herein as the "Warburg Pincus Entities."

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