4//SEC Filing
KAGLE ROBERT 4
Accession 0001213900-21-054213
CIK 0001874097other
Filed
Oct 21, 8:00 PM ET
Accepted
Oct 22, 4:32 PM ET
Size
31.4 KB
Accession
0001213900-21-054213
Insider Transaction Report
Form 4
Cyngn, Inc.CYN
SPURLOCK STEVEN M
10% Owner
Transactions
- Conversion
Common Stock
2021-10-22+217,622→ 8,948,625 total(indirect: See footnotes) - Conversion
Common Stock
2021-10-22+692,418→ 8,731,003 total(indirect: See footnotes) - Conversion
Common Stock
2021-10-22+8,038,585→ 8,038,585 total(indirect: See footnotes) - Conversion
Common Stock
2021-10-22+290,162→ 290,162 total(indirect: See footnotes) - Conversion
Series A Preferred Stock
2021-10-22−8,038,585→ 0 total(indirect: See footnotes)→ Common Stock (8,038,585 underlying) - Conversion
Series B Preferred Stock
2021-10-22−692,418→ 0 total(indirect: See footnotes)→ Common Stock (692,418 underlying) - Conversion
Series C Preferred Stock
2021-10-22−217,622→ 0 total(indirect: See footnotes)→ Common Stock (217,622 underlying) - Conversion
Series C Preferred Stock
2021-10-22−290,162→ 0 total(indirect: See footnotes)→ Common Stock (290,162 underlying)
Footnotes (3)
- [F1]All Series of convertible Preferred Stock automatically converted into shares of the Company's Common Stock on a 1-for-1 basis, without payment or further consideration, immediately prior to the consummation of the Company's initial public offering.
- [F2]The shares are held by Benchmark Capital Partners VII, L.P. ("BCP VII"), for itself and as nominee for Benchmark Founders' Fund VII, L.P. ("BFF VII") and Benchmark Founders' Fund VII-B, L.P. ("BFF VII-B"). Benchmark Capital Management Co. VII, L.L.C. ("BCMC VII"), the general partner of each of BCP VII, BFF VII and BFF VII-B, may be deemed to have sole voting and dispositive power over such shares. Matthew R. Cohler, Bruce W. Dunlevie, Peter H. Fenton, J. William Gurley, Kevin R. Harvey, Mitchell H. Lasky (a member of the Issuer's board of directors) and Steven M. Spurlock, the managing members of BCMC VII, may be deemed to share voting and dispositive power over these shares beneficially held by such entities. Each such person and entity disclaims the existence of a "group" and disclaims beneficial ownership of any securities, except to the extent of such person's or entity's pecuniary interest in such securities.
- [F3]The shares are held by Benchmark Capital Partners VI, L.P. ("BCP VI"), for itself and as nominee for Benchmark Founders' Fund VI, L.P. ("BFF VI"), Benchmark Founders' Fund VI-B, L.P. ("BFF VI-B") and related persons. Benchmark Capital Management Co. VI, L.L.C. ("BCMC VI"), the general partner of each of BCP VI, BFF VI and BFF VI-B, may be deemed to have sole voting and dispositive power over such shares. Alexandre Balkanski, Matthew R. Cohler, Bruce W. Dunlevie, Peter H. Fenton, J. William Gurley, Kevin R. Harvey, Robert C. Kagle, Mitchell H. Lasky (a member of the Issuer's board of directors) and Steven M. Spurlock, the managing members of BCMC VI, may be deemed to share voting and dispositive power over these shares beneficially held by such entities. Each such person and entity disclaims the existence of a "group" and disclaims beneficial ownership of any securities, except to the extent of such person or entity's pecuniary interest in such securities.
Documents
Issuer
Cyngn, Inc.
CIK 0001874097
Entity typeother
Related Parties
1- filerCIK 0001183234
Filing Metadata
- Form type
- 4
- Filed
- Oct 21, 8:00 PM ET
- Accepted
- Oct 22, 4:32 PM ET
- Size
- 31.4 KB