0001437749-19-020192.txt : 20191017 0001437749-19-020192.hdr.sgml : 20191017 20191017154317 ACCESSION NUMBER: 0001437749-19-020192 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20191016 FILED AS OF DATE: 20191017 DATE AS OF CHANGE: 20191017 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Morton Mawae CENTRAL INDEX KEY: 0001715607 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-14602 FILM NUMBER: 191155105 MAIL ADDRESS: STREET 1: 7473 MAKA'A STREET CITY: HONOLULU STATE: HI ZIP: 96825 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: CYANOTECH CORP CENTRAL INDEX KEY: 0000768408 STANDARD INDUSTRIAL CLASSIFICATION: MEDICINAL CHEMICALS & BOTANICAL PRODUCTS [2833] IRS NUMBER: 911206026 STATE OF INCORPORATION: NV FISCAL YEAR END: 0331 BUSINESS ADDRESS: STREET 1: 73-4460 QUEEN KAAHUMANU HWY STREET 2: SUITE 102 CITY: KAILUA KONA STATE: HI ZIP: 96740 BUSINESS PHONE: 8083261353 MAIL ADDRESS: STREET 1: 73-4460 QUEEN KAAHUMANU HWY STREET 2: SUITE 102 CITY: KAILUA-KONA STATE: HI ZIP: 96740 4 1 rdgdoc.xml FORM 4 X0306 4 2019-10-16 0000768408 CYANOTECH CORP CYAN 0001715607 Morton Mawae 73-4460 QUEEN KAAHUMANU HWY #102 KAILUA-KONA HI 96740 1 Former CEO and Director Common Stock 2019-10-16 4 A 0 5700 0 A 22515 D Common Stock 2019-10-16 4 D 0 1610 0 D 20905 D Stock Options 3.3500 Common Stock 75000 75000 D Stock Options 3.8300 Common Stock 45000 45000 D Grant of shares made pursuant to the Separation Agreement between the issuer and the reporting person, dated as of June 3, 2019 (the "Separation Agreement"), a copy of which is attached to and made a part of the issuer's Current Report on Form 8-K, filed with the Securities and Exchange Commission on June 7, 2019; transaction exempt from Section 16(b) of the Securitities Exchange Act of 1934, as amended (the "Exchange Act"), pursuant to Rule 16b-3 thereunder. Shares withheld pursuant to the Separation Agreement to satisfy tax withholding obligations; transaction exempt from Section 16(b) of the Exchange Act pursuant to Rule 16b-3 thereunder. Pursuant to Separation Agreement, all stock options are fully vested as of May 22, 2019. Pursuant to Separation Agreement, all stock options will expire on December 6, 2019. /s/Laura L. Taylor, by Power of Attorney 2019-10-17 EX-24 2 mortonpoa09-19.htm POWER OF ATTORNEY 2019 ex_158733.htm

 

Exhibit 24

 

LIMITED POWER OF ATTORNEY

 

FOR SECTION 16 REPORTING OBLIGATIONS

 

KNOW ALL MEN BY THESE PRESENTS:

 

That I, Mawae Morton, hereby appoint each of Brian B. Orlopp, Amy B. Nordin, Laura L. Taylor and Jesse B. Debban as my attorneys in fact to: (1) execute for and on my behalf, in my capacity as an officer or director or both of Cyanotech Corporation (the “Company”) and as a beneficial owner of securities of the Company while also serving as an officer or director or both, all Forms 3, Forms 4 and Forms 5 (and any amendments thereto), in accordance with Section 16(a) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and the rules thereunder: (2) do and perform any and all acts for and on my behalf which may be necessary or desirable to complete and execute any such Forms 3, Forms 4 and Forms 5, complete and execute any amendments thereto, and timely file such forms with the United States Securities and Exchange Commission and any securities exchange or similar authority; and (3) 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 me, it being understood that the documents executed by such attorney in fact on my behalf pursuant to this Limited 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.

 

I hereby acknowledge that the foregoing attorneys in fact, in serving in such capacity at the request and on the behalf of me, are not assuming, nor is the Company assuming, any of my responsibilities to comply with, or any liability for the failure to comply with, any provision of Section 16 of the Exchange Act.

 

This Limited Power of Attorney shall remain in full force and effect until the undersigned is no longer required to file Forms 3, 4 and 5 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 each of the foregoing attorneys in fact.

 

IN WITNESS WHEREOF, the undersigned has caused this instrument to be duly executed this 24th day of September 2019.

 

 

     

 

By:

/s/ Mawae Morton

 

Mawae Morton 

 

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STATE OF Hawaii                                                    

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) SS.

  
       

COUNTY OF Honolulu                                            

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On September 24, 2019, before me personally appeared Mawae Morton, to me known to be the person described in and who executed the foregoing Power of Attorney, and acknowledged that he executed it as his free act and deed.

 

 

 

 

/s/ Daniel Gonzalez Jr.

 

 

Print name:

 Daniel Gonzalez Jr.

 

 

Notary Public, State of

Hawaii

 

 

My Commission expires:

March 25, 2022 

 

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