SEC Form 4 · accession 0001437749-17-006180

CYANOTECH CORP · CYAN

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — CEO · Director

Period of report

Mar 31, 2017

Accepted (ET)

Apr 5, 2017 · 8:05 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	holding	—	—		—	113,652	D
Cyanotech common stock	holding	—	—		—	250	I	Held by spouse

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Restricted stock units^F1,F2	—	Mar 31, 2017	A	22,500	A	—	—	Cyanotech common stock	22,500	22,500	D
Cyanotech common stock options^F3	$1.60	holding	—	—	—	—	Feb 21, 2018	Cyanotech common stock	2,000	2,000	D
Cyanotech common stock options^F3	$2.08	holding	—	—	—	—	Apr 29, 2019	Cyanotech common stock	10,000	10,000	D
Cyanotech common stock options^F3	$3.58	holding	—	—	—	—	Jun 30, 2021	Cyanotech common stock	12,000	12,000	D
Cyanotech common stock options^F3	$3.82	holding	—	—	—	—	Aug 27, 2021	Cyanotech common stock	103,000	103,000	D
Cyanotech common stock options^F3	$5.84	holding	—	—	—	—	Jul 18, 2022	Cyanotech common stock	12,500	12,500	D

F1Each restricted stock unit represents the contingent right to receive one (1) share of Cyanotech common stock.
F2The restricted stock units shall vest as to 8,333 shares on March 31, 2018, 8,333 shares on March 31, 2019 and 8,334 shares on March 31, 2020, in each case subject to the reporting person's continued service with Cyanotech on the vesting date.
F3Fully exercisable