SEC Form 4 · accession 0001213900-19-002872
CYREN Ltd. · CYRN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lior Kohavi
Officer — Chief Technology Officer
Period of report
Feb 18, 2019
Accepted (ET)
Feb 19, 2019 · 5:35 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001084577
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Ordinary SharesF1 | Feb 18, 2019 | A | 58,366 | $0.00 | A | 179,027 | D | |
| Ordinary Shares | holding | — | — | — | 24,524 | I | By spouse | |
| Ordinary SharesF2 | holding | — | — | — | 50,000 | I | By Trust | |
| Ordinary SharesF2 | holding | — | — | — | 50,000 | I | By Trust | |
| Ordinary SharesF2 | holding | — | — | — | 50,000 | I | By Trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1These shares were issued as a restricted stock unit grant to the Reporting Person by the issuer under the issuer's 2016 Equity Incentive Plan. The restricted stock units will vest on February 18, 2020.
- F2These securities are held by three trusts for the benefit of the Reporting Person's three children, respectively, and for which the Reporting Person serves as trustee.