SEC Form 4 · accession 0001437749-19-000717
CYANOTECH CORP · CYAN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Brian Brett Orlopp
Officer — CFO, VP, Treasurer, Secretary
Period of report
Jan 3, 2019
Accepted (ET)
Jan 11, 2019 · 3:06 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000768408
Table I — non-derivative securities
No Table I lines on this filing.
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 | $3.00 | Jan 3, 2019 | A | 50,000 | A | — | Jan 3, 2029 | Cyanotech common stock | 50,000 | 50,000 | D |
Explanation of responses
- F1The stock options shall vest as to 12,500 shares on January 3, 2020, 12,500 shares on January 3, 2021, 12,500 shares on January 3, 2022 and 12,500 shares on January 3, 2023, in each case subject to continued service with Cyanotech on the vesting date.