0001213900-19-000096.txt : 20190102 0001213900-19-000096.hdr.sgml : 20190102 20190102204622 ACCESSION NUMBER: 0001213900-19-000096 CONFORMED SUBMISSION TYPE: 3 PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20190101 FILED AS OF DATE: 20190102 DATE AS OF CHANGE: 20190102 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: SAMUELSON LIOR CENTRAL INDEX KEY: 0001279843 FILING VALUES: FORM TYPE: 3 SEC ACT: 1934 Act SEC FILE NUMBER: 000-26495 FILM NUMBER: 19503422 MAIL ADDRESS: STREET 1: 1304 STAMFORD WAY CITY: RESTON STATE: VA ZIP: 20194 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: CYREN Ltd. CENTRAL INDEX KEY: 0001084577 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] IRS NUMBER: 000000000 STATE OF INCORPORATION: L3 FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 1 SAPIR ROAD 5TH FLOOR, BEIT AMPA STREET 2: P.O. BOX 4014 CITY: HERZLIYA STATE: L3 ZIP: 46140 BUSINESS PHONE: 7037603320 MAIL ADDRESS: STREET 1: C/O CYREN INC. STREET 2: 1430 SPRING HILL ROAD, SUITE 330 CITY: MCLEAN STATE: VA ZIP: 22102 FORMER COMPANY: FORMER CONFORMED NAME: COMMTOUCH SOFTWARE LTD DATE OF NAME CHANGE: 19990419 3 1 ownership.xml OWNERSHIP DOCUMENT X0206 3 2019-01-01 0 0001084577 CYREN Ltd. CYRN 0001279843 SAMUELSON LIOR C/O CYREN INC., 1430 SPRING HILL ROAD, SUITE 330 MCLEAN VA 22102 1 1 0 0 CHAIRMAN OF THE BOARD AND CEO Ordinary Shares 202630 D Stock Options (right to buy) 2.7177 2019-12-24 Ordinary Shares 360000 D Stock Options (right to buy) 3.00 2021-02-18 Ordinary Shares 150000 D Stock Options (right to buy) 1.44 2022-02-10 Ordinary Shares 100000 D Stock Options (right to buy) 2.00 2023-01-24 Ordinary Shares 150000 D Stock Options (right to buy) 2.90 2024-08-28 Ordinary Shares 275000 D These shares include 50,000 restricted stock units which vest in four equal annual installments beginning on January 25, 2019. These options are fully vested and immediately exercisable. These options are fully vested and immediately exercisable. These options are fully vested and immediately exercisable These options are fully vested and immediately exercisable One quarter of these options will vest and become exercisable on August 28, 2019. The remaining options will vest and become exercisable in equal monthly installments for the next 36 months thereafter. Exhibit 24: Power of Attorney /s/ Eric Spindel, Attorney- in-fact 2019-01-02 EX-24 2 f3010119ex24samuelson_cyren.htm POWER OF ATTORNEY

Exhibit 24

 

POWER OF ATTORNEY

 

Know all by these presents, that the undersigned hereby constitutes and appoints Eric Spindel, the undersigned’s true and lawful attorney-in-fact to:

 

(1)prepare, execute in the undersigned’s name and on the undersigned’s behalf, and submit to the U.S. Securities and Exchange Commission (the “SEC”) a Form ID, including amendments thereto, and any other documents necessary or appropriate to obtain codes and passwords enabling the undersigned to make electronic filings with the SEC of reports required by Section 16(a) of the Securities Exchange Act of 1934 or any rule or regulation of the SEC;

 

(2)execute for and on behalf of the undersigned, in the undersigned’s capacity as an officer and/or director of Cyren Ltd. (the “Company”), Forms 3, 4, and 5 in accordance with Section 16(a) of the Securities Exchange Act of 1934, as amended, and the rules thereunder, and Form 144 in accordance with Rule 144 promulgated under the Securities Act of 1933, as amended, and any other forms or reports the undersigned may be required to file in connection with the undersigned’s ownership, acquisition, or disposition of securities of the Company;

 

(3)do and perform any and all acts for and on behalf of the undersigned which may be necessary or desirable to complete and execute any such Form ID or Form 3, 4, or 5, complete and execute any amendment or amendments thereto, and timely file such form with the United States Securities and Exchange Commission and any stock exchange or similar authority; and

 

(4)take any other action of any type whatsoever in connection with the foregoing which, in the opinion of such attorney-in-fact, may be of benefit to, in the best interest of, or legally required by, the undersigned, it being understood that the documents executed by such attorney-in-fact on behalf of the undersigned pursuant to this Power of Attorney shall be in such form and shall contain such terms and conditions as such attorney-in-fact may approve in such attorney-in-fact’s discretion.

 

The undersigned hereby grants to the attorney-in-fact full power and authority to do and perform any and every act and thing whatsoever requisite, necessary, or proper to be done in the exercise of any of the rights and powers herein granted, as fully to all intents and purposes as the undersigned might or could do if personally present, with full power of substitution or revocation, hereby ratifying and confirming all that such attorney-infact, or such attorney-in-fact’s substitute or substitutes, shall lawfully do or cause to be done by virtue of this Power of Attorney and the rights and powers herein granted. The undersigned acknowledges that the foregoing attorney-in-fact, in serving in such capacity at the request of the undersigned is not assuming, nor is the Company assuming, any of the undersigned’s responsibilities to comply with Section 16 of the Securities Exchange Act of 1934, as amended, or Rule 144 promulgated under the Securities Act of 1933, as amended.

 

This Power of Attorney shall remain in full force and effect until the undersigned is no longer required to file Forms 3, 4, 5 and 144 with respect to the undersigned’s holdings of and transactions in securities issued by the Company, unless earlier revoked by the undersigned in a signed writing delivered to the foregoing attorney-infact.

 

IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to be executed as of December 26, 2018.

 

  /s/ Lior Samuelson
  Name: Lior Samuelson