Michael Fleck - 21 Jul 2021 Form 4 Insider Report for CYREN Ltd. (CYRNQ)

Role
VP Marketing
Signature
/s/ Michael Fleck
Issuer symbol
CYRNQ
Transactions as of
21 Jul 2021
Transactions value $
$0
Form type
4
Filing time
23 Jul 2021, 17:29:41 UTC
Previous filing
22 Jul 2021
Next filing
28 Mar 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CYRNQ Ordinary Shares Award $0 +300,000 +2,000% $0 315,000 21 Jul 2021 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding CYRNQ Options (Right to Buy) 75,000 21 Jul 2021 Common Stock 75,000 $1.72 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These 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 vest in four equal annual installments beginning on July 21, 2022.
F2 These Options (Right to Buy) vest 25% on August 11, 2021 and then monthly over the next three years.