SEC Form 4 · accession 0001437749-18-006543
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
Apr 5, 2018
Accepted (ET)
Apr 9, 2018 · 3:01 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 | Apr 5, 2018 | M | 101 | $0.00 | A | 5,101 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted stock unitsF1,F2 | — | Apr 5, 2018 | D | 101 | A | — | — | Cyanotech common stock | 101 | 203 | D |
| Cyanotech common stock optionsF3 | $3.82 | holding | — | — | — | — | Aug 28, 2021 | Cyanotech common stock | 40,000 | 40,000 | D |
| Cyanotech common stock optionsF3 | $5.61 | holding | — | — | — | — | Aug 15, 2022 | Cyanotech common stock | 2,000 | 2,000 | D |
Explanation of responses
- 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 101 shares on April 5, 2018, 101 shares on April 5, 2019 and 102 shares on April 5, 2020, in each case subject to the reporting person's continued service with Cyanotech on the vesting date.
- F3Fully exercisable