0001185185-23-000589.txt : 20230530 0001185185-23-000589.hdr.sgml : 20230530 20230530164610 ACCESSION NUMBER: 0001185185-23-000589 CONFORMED SUBMISSION TYPE: 4/A PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20201104 FILED AS OF DATE: 20230530 DATE AS OF CHANGE: 20230530 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Nisan Fredi CENTRAL INDEX KEY: 0001826364 FILING VALUES: FORM TYPE: 4/A SEC ACT: 1934 Act SEC FILE NUMBER: 001-34294 FILM NUMBER: 23977210 MAIL ADDRESS: STREET 1: 8880 RIO SAN DIEGO DR. STREET 2: SUITE 102 CITY: SAN DIEGO STATE: CA ZIP: 92108 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: RYVYL Inc. CENTRAL INDEX KEY: 0001419275 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-MANAGEMENT CONSULTING SERVICES [8742] IRS NUMBER: 000000000 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 3131 CAMINO DEL RIO NORTH, SUITE 1400 CITY: SAN DIEGO STATE: CA ZIP: 92108 BUSINESS PHONE: 619-631-8261 MAIL ADDRESS: STREET 1: 3131 CAMINO DEL RIO NORTH, SUITE 1400 CITY: SAN DIEGO STATE: CA ZIP: 92108 FORMER COMPANY: FORMER CONFORMED NAME: GreenBox POS DATE OF NAME CHANGE: 20190222 FORMER COMPANY: FORMER CONFORMED NAME: GreenBox POS, LLC DATE OF NAME CHANGE: 20180613 FORMER COMPANY: FORMER CONFORMED NAME: ASAP Expo, Inc. DATE OF NAME CHANGE: 20071123 4/A 1 ownership.xml X0407 4/A 2020-11-04 2020-12-28 0 0001419275 RYVYL Inc. RVYL 0001826364 Nisan Fredi 3131 CAMINO DEL RIO NORTH SUITE 1400 SAN DIEGO CA 92108 1 1 0 0 Chief Executive Officer 0 Common Stock par value $0.001 2022-06-16 4 P 0 5400 1.42 A 19612494 D Common Stock par value $0.001 2022-06-16 4 P 0 20 1.38 A 19612514 D Common Stock par value $0.001 2022-07-22 4 A 0 15152 2.12 A 19627666 D Common Stock par value $0.001 2022-07-22 4 A 0 17646 0.85 A 19645312 D Common Stock par value $0.001 2022-07-29 4 D 0 1000000 0.82 D 18645312 I GreenBox POS LLC Common Stock par value $0.001 2022-08-16 4 A 0 53149 1.27 A 18698461 D Common Stock par value $0.001 2022-10-17 4 A 0 14283 1.05 A 18712744 D Common Stock par value $0.001 2022-10-27 4 F 0 43 0.94 D 18712701 D Common Stock par value $0.001 2022-11-15 4 F 0 45 0.94 D 18712656 D Common Stock par value $0.001 2022-11-17 4 F 0 4394 0.92 D 18708262 D Common Stock par value $0.001 2022-12-15 4 F 0 27 0.53 D 18708235 D Common Stock par value $0.001 2023-01-17 4 F 0 1219 0.79 D 18707016 D Common Stock par value $0.001 2023-02-15 4 F 0 1052 0.53 D 18705964 D Common Stock par value $0.001 2023-02-15 4 F 0 22852 0.53 D 18683112 D Common Stock par value $0.001 2023-03-15 4 F 0 875 0.36 D 18682237 D Common Stock par value $0.001 2023-05-10 4 A 0 18987 0.79 A 18701224 D Common Stock par value $0.001 2023-05-10 4 A 0 18750 0.80 A 18719974 D Common Stock par value $0.001 2023-05-15 4 F 0 433 0.47 D 18720407 D 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. See continuance of amended transactions on previously Form 4 filed on the same day. /s/ Fredi Nisan 2023-05-30