Cyngn Inc. — Director's Dealing 2021

Oct 19, 2021

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: Cyngn, Inc. (CYN)
CIK: 0001874097
Period of Report: 2021-10-19

Reporting Person: Tal Lior (Director, Chief Executive Officer, 10% Owner)

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Options	$0.13	2028-03-22	Common Stock (953789)		Direct
Stock Options	$0.13	2027-04-05	Common Stock (2424215)		Direct
Stock Options	$0.22	2028-05-30	Common Stock (1987000)		Direct
Stock Options	$2.88	2031-07-25	Common Stock (1600000)		Direct

Footnotes

F1: These options are fully vested.

F2: On the first year anniversary of the date of grant of July 26, 2021, 400,000 shares of the total option will vest. Thereafter, for the next 12 months, 33,333 shares shall vest monthly, such that on the second anniversary of the date of grant an additional 400,000 shares of the total option will vest. Thereafter, for the next 48 months 16,667 shares of the option will vest monthly until the option is fully vested on the 6th anniversary of the date of grant.