SEC Form 4 · accession 0001437749-15-005223
CYANOTECH CORP · CYAN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jole Eileen Deal
Officer — CFO, VP, Treasurer, Secretary
Period of report
Mar 13, 2015
Accepted (ET)
Mar 16, 2015 · 8:28 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000768408
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Cyanotech Common Stock | Mar 13, 2015 | M | 5,000 | $3.82 | A | 5,000 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cyanotech common stock optionsF1 | $3.82 | Mar 13, 2015 | M | 5,000 | D | — | Aug 29, 2021 | Common stock | 5,000 | 40,000 | D |
| Cyanotech common stock optionsF2 | $5.61 | holding | — | — | — | — | Aug 15, 2022 | Common stock | 2,000 | 2,000 | D |
Explanation of responses
- F1Ms. Deal acquired 45,000 stock options on 8/29/2011, of which 15,000 options became exercisable on 8/16/2012, 15,000 options became exercisable on 8/16/2013, and 15,000 options became exercisable on 8/16/2014.
- F2Ms. Deal acquired 2,000 stock options on 8/16/2012, of which 500 options become exercisable on 8/16/2013, 500 options became exercisable on 8/16/2014, 500 options shall become exercisable on 8/16/2015, and 500 options shall become exercisable on 8/16/2016.