Charles Jason Hartmann - 29 Jul 2024 Form 4 Insider Report for CYANOTECH CORP (CYAN)

Reporting relationship: VP, Sales & Marketing
Issuer ticker: CYAN
Reported as of: 29 Jul 2024
Net transaction value: -$375
SEC form: 4
Accepted by SEC: 31 Jul 2024, 16:14:04 UTC
Prior SEC filing: 10 Apr 2024
Source filing: View source filing
Reporting owner signature: /s/Laura L. Taylor, by Power of Attorney

Key filing fact

Charles Jason Hartmann filed Form 4 for CYANOTECH CORP (CYAN) on 31 Jul 2024.

Key facts

This page summarizes Charles Jason Hartmann's Form 4 filing for CYANOTECH CORP (CYAN).
3 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 31 Jul 2024, 16:14.

Change

Previous filing in this sequence was filed on 10 Apr 2024.
Current net transaction value: -$375.

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

Common Stock

Options Exercise

Transaction value: $0
Shares: +1,680
Change %: +49%
Price: $0.000000
Shares after: 5,092
Date: 29 Jul 2024
Ownership: Direct
Footnotes: F1

CYAN transaction

Common Stock

Tax liability

Transaction value: $375
Shares: -670
Change %: -13%
Price: $0.5600^*
Shares after: 4,422
Date: 29 Jul 2024
Ownership: Direct
Footnotes: F2

Reported derivative securities

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

CYAN transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value: $0
Shares: -1,680
Change %: -23%
Price: $0.000000
Shares after: 5,648
Date: 29 Jul 2024
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 1,680
Exercise price
Footnotes: F3, F4

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

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

Represents the conversion upon vesting of restricted stock units into common stock.

Footnote F2

No stock was sold. On July 29, 2024, in connection with the vesting of 1680 shares of stock, the Company withheld a total of 670 shares to satisfy a payroll tax liability incident to such vesting.

Footnote F3

Each restricted stock unit represents the contingent right to receive one (1) share of Cyanotech Common Stock.

Footnote F4

The restricted stock units vest as to 3,900 shares on February 16, 2025; 33 shares on April 6, 2025; 1,681 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.