Filing Details
- Accession Number:
- 0001185185-23-000589
- Form Type:
- 4/A
- Zero Holdings:
- No
- Publication Time:
- 2023-05-30 16:46:10
- Reporting Period:
- 2020-11-04
- Accepted Time:
- 2023-05-30 16:46:10
- Original Submission Date:
- 2020-12-28
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1419275 | Ryvyl Inc. | RVYL | Services-Management Consulting Services (8742) | 000000000 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1826364 | Fredi Nisan | 3131 Camino Del Rio North Suite 1400 San Diego CA 92108 | Chief Executive Officer | Yes | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock Par Value $0.001 | Acquisiton | 2022-06-16 | 5,400 | $1.42 | 19,612,494 | No | 4 | P | Direct | |
| Common Stock Par Value $0.001 | Acquisiton | 2022-06-16 | 20 | $1.38 | 19,612,514 | No | 4 | P | Direct | |
| Common Stock Par Value $0.001 | Acquisiton | 2022-07-22 | 15,152 | $2.12 | 19,627,666 | No | 4 | A | Direct | |
| Common Stock Par Value $0.001 | Acquisiton | 2022-07-22 | 17,646 | $0.85 | 19,645,312 | No | 4 | A | Direct | |
| Common Stock Par Value $0.001 | Disposition | 2022-07-29 | 1,000,000 | $0.82 | 18,645,312 | No | 4 | D | Indirect | GreenBox POS LLC |
| Common Stock Par Value $0.001 | Acquisiton | 2022-08-16 | 53,149 | $1.27 | 18,698,461 | No | 4 | A | Direct | |
| Common Stock Par Value $0.001 | Acquisiton | 2022-10-17 | 14,283 | $1.05 | 18,712,744 | No | 4 | A | Direct | |
| Common Stock Par Value $0.001 | Disposition | 2022-10-27 | 43 | $0.94 | 18,712,701 | No | 4 | F | Direct | |
| Common Stock Par Value $0.001 | Disposition | 2022-11-15 | 45 | $0.94 | 18,712,656 | No | 4 | F | Direct | |
| Common Stock Par Value $0.001 | Disposition | 2022-11-17 | 4,394 | $0.92 | 18,708,262 | No | 4 | F | Direct | |
| Common Stock Par Value $0.001 | Disposition | 2022-12-15 | 27 | $0.53 | 18,708,235 | No | 4 | F | Direct | |
| Common Stock Par Value $0.001 | Disposition | 2023-01-17 | 1,219 | $0.79 | 18,707,016 | No | 4 | F | Direct | |
| Common Stock Par Value $0.001 | Disposition | 2023-02-15 | 1,052 | $0.53 | 18,705,964 | No | 4 | F | Direct | |
| Common Stock Par Value $0.001 | Disposition | 2023-02-15 | 22,852 | $0.53 | 18,683,112 | No | 4 | F | Direct | |
| Common Stock Par Value $0.001 | Disposition | 2023-03-15 | 875 | $0.36 | 18,682,237 | No | 4 | F | Direct | |
| Common Stock Par Value $0.001 | Acquisiton | 2023-05-10 | 18,987 | $0.79 | 18,701,224 | No | 4 | A | Direct | |
| Common Stock Par Value $0.001 | Acquisiton | 2023-05-10 | 18,750 | $0.80 | 18,719,974 | No | 4 | A | Direct | |
| Common Stock Par Value $0.001 | Disposition | 2023-05-15 | 433 | $0.47 | 18,720,407 | No | 4 | F | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | P | Direct | |
| No | 4 | P | Direct | |
| No | 4 | A | Direct | |
| No | 4 | A | Direct | |
| No | 4 | D | Indirect | GreenBox POS LLC |
| No | 4 | A | Direct | |
| No | 4 | A | Direct | |
| No | 4 | F | Direct | |
| No | 4 | F | Direct | |
| No | 4 | F | Direct | |
| No | 4 | F | Direct | |
| No | 4 | F | Direct | |
| No | 4 | F | Direct | |
| No | 4 | F | Direct | |
| No | 4 | F | Direct | |
| No | 4 | A | Direct | |
| No | 4 | A | Direct | |
| No | 4 | F | Direct |
Footnotes
- The reporting person indirectly sold one million shares to RYVYL Inc. with a purchase price based on the value of the shares as of the date on which the transaction was agreed.
- Mr. Nisan earns $5,000 worth of shares of Common stock monthly as compensation for serving as a Director of the Company, issuable on the 15th day of the first month of each quarter calculated based on the closing price of our Common Stock on that date or the next trading day, whereby 1/3 of the shares granted shall vest 6 months after issuance and an additional 1/3 of the shares shall vest each month thereafter.
- Mr. Nisan was granted 15,152 shares for his 2021 performance review in accordance with the 2021 Restricted Stock Plan.
- The Board of Directors approved a $67,500 raise in compensation for Mr. Nisan for the remainder of the 2022 calendar year. Per the approval of the Board of Directors, Mr. Nisan elected to receive this amount in shares of Common Stock in lieu of cash.
- Represents withholding of shares of common stock for the tax liability associated with the vesting of 1/3 of the registered shares granted on April 27, 2022.
- Represents withholding of shares of common stock for the tax liability associated with the vesting of the registered shares granted on July 22, 2022.
- Represents withholding of shares of common stock for the tax liability associated with the vesting of 1/3 of the registered shares granted on July 15, 2022.
- Represents withholding of shares of common stock for the tax liability associated with the vesting of the registered shares granted on August 16, 2022.
- Mr. Nisan earns $5,000 worth of shares of Common stock monthly as compensation for serving as a Director of the Company, issuable on the 15th day of the first month of each quarter calculated based on the closing price of our Common Stock on that date or the next trading day. The issuances for Q12023 and Q2 2023 were delayed.
- Represents withholding of shares of common stock for the tax liability associated with the vesting of 1/3 of the registered shares granted on October 17, 2022.
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