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Cyngn Inc. — Director's Dealing 2023
Apr 4, 2023
34666_dirs_2023-04-04_dc29c0fb-9e60-4bda-8d0d-7bfdffad4a27.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: 2023-03-31
Reporting Person: Macleod Karen M (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-03-31 | Common Stock | P | 1250 | $1.23 | Acquired | 50163 | Direct |
Footnotes
F1: The price reported in Column 4 represents the average price paid for the shares. These shares were purchased in multiple transactions at prices ranging from $1.16 to $1.257. Upon request by the Securities and Exchange Commission, the Issuer or the Reporting Person shall provide full information regarding the number of shares purchased at each separate price.
F2: The total reported in Column 5 includes 48,913 RSUs, which represent a contingent right to receive one share of common stock for each RSU. The RSUs vest monthly in equal parts over a period of three years provided that the Reporting Person remains in continuous service on each vesting date. Of the 48,913 RSUs, 12,228 have vested and issued to the Reporting Person.