Cyngn Inc. — Director's Dealing 2021

Oct 22, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Cyngn, Inc. (CYN)
CIK: 0001874097
Period of Report: 2021-10-22

Reporting Person: Andreessen Horowitz Fund III, L.P. (10% Owner)
Reporting Person: AH Equity Partners III, L.L.C. (10% Owner)
Reporting Person: Andreessen Marc L (10% Owner)
Reporting Person: Andreessen Horowitz Fund III-A, L.P. (10% Owner)
Reporting Person: Andreessen Horowitz Fund III-B, L.P. (10% Owner)
Reporting Person: Andreessen Horowitz Fund III-Q, L.P. (10% Owner)
Reporting Person: HOROWITZ BENJAMIN A (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-10-22	Common Stock	C	4947110	—	Acquired	4947110	Indirect
2021-10-22	Common Stock	C	287718	—	Acquired	287718	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-10-22	Series B Preferred Stock	$	C	4947110	Disposed		Common Stock (4947110)	Indirect
2021-10-22	Series C Preferred Stock	$	C	287718	Disposed		Common Stock (287718)	Indirect

Footnotes

F1: These shares of Preferred Stock automatically converted into shares of the Issuer's Common Stock on a 1-for-1 basis, without payment or further consideration, immediately prior to the consummation of the Issuer's initial public offering.

F2: These securities are held by Andreessen Horowitz Fund III, L.P., for itself and as nominee for Andreessen Horowitz Fund III-A, L.P., Andreessen Horowitz Fund III-B, L.P., and Andreessen Horowitz Fund III-Q, L.P. (collectively, the "AH Fund III Entities"). AH Equity Partners III, L.L.C. ("AH EP III") is the general partner of the AH Fund III Entities and has sole voting and dispositive power with regard to the securities held by the AH Fund III Entities. Marc Andreessen and Benjamin Horowitz are the managing members of AH EP III and share voting and dispositive power with respect to the shares held by the AH Fund III Entities. Each of the Reporting Persons disclaims the existence of a "group" and disclaims beneficial ownership of the securities held by the AH Fund III Entities and this report shall not be deemed an admission that any such person is the beneficial owner of such securities, except to the extent of such person's pecuniary interest therein, if any.