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Cyngn Inc. — Director's Dealing 2022
May 4, 2022
34666_dirs_2022-05-03_a6d5a973-d5fc-49d4-b0a5-de30896e23ba.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Cyngn Inc. (CYN)
CIK: 0001874097
Period of Report: 2022-05-02
Reporting Person: McDonnell James (Director)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-05-02 | Restricted Stock Units | $ | A | 48913 | Acquired | Common Stock (48913) | Direct | |
| 2022-05-02 | Restricted Stock Units | $ | A | 32609 | Acquired | Common Stock (32609) | Direct |
Footnotes
F1: The Reporting Person was granted restricted stock units ("RSUs"), which represent a contingent right to receive one share of Common Stock for each RSU. The RSUs shall vest monthly in equal parts over a period of three years beginning on June 1, 2022 provided that the Reporting Person remains in continuous service on each vesting date.
F2: The Reporting Person was granted restricted stock units ("RSUs"), which represent a contingent right to receive one share of Common Stock for each RSU. The RSUs shall vest in its entirety one year from the date of grant provided that the Reporting Person remains in service on the vesting date.