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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.
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