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Cyngn Inc. Director's Dealing 2021

Oct 19, 2021

34666_dirs_2021-10-19_a2b84759-6651-4d1f-8e74-e90b930efe80.zip

Director's Dealing

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SEC Form 3 — Initial Statement of Beneficial Ownership

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

Reporting Person: Landen Ben (VP of Business Development)

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Stock Option $0.23 2029-09-23 Common Stock (150000) Direct
Stock Option $2.88 2031-07-26 Common Stock (100000) Direct

Footnotes

F1: 25% of the grant or 37,500 stock options, vest after the one year anniversary of the employment start date of September 23, 2019 with the remainder vesting monthly thereafter in equal amounts over three years.

F2: 25% of the grant or 25,000 stock options, vest after the one year anniversary of the date of grant of July 26, 2021 with the remainder vesting monthly thereafter in equal amounts over three years.