0001213900-22-034619 4 1 20220616 20220623 20220623 Fleck Michael 0001872477 4 34 000-26495 221035802 C/O CYREN INC. 1430 SPRING HILL ROAD STE 330 MCLEAN VA 22102 CYREN Ltd. 0001084577 7372 000000000 L3 1231 10 HA-MENOFIM STREET 5TH FLOOR HERZLIYA L3 4672561 011-972-9-863-6888 10 HA-MENOFIM STREET 5TH FLOOR HERZLIYA L3 4672561 COMMTOUCH SOFTWARE LTD 19990419 4 1 ownership.xml FORM 4 OMB APPROVAL [ ] Check this OMB Number: box if no longer UNITED STATES SECURITIES AND EXCHANGE COMMISSION 3235-0287 subject to Washington, D.C. 20549 Estimated Section 16. Form STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF average burden 4 or Form 5 SECURITIES hours per obligations may response... 0.5 continue. See Instruction 1(b). Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 1. Name and Address of Reporting 2. Issuer Name and Ticker 5. Relationship of Person * or Trading Symbol Reporting Person(s) to Fleck Michael CYREN Ltd. [ CYRN ] Issuer (Check all applicable) _____ Director _____ 10% Owner __X__ Officer (give title (Last) (First) (Middle) 3. Date of Earliest below) _____ Other C/O CYREN INC., 1430 SPRING HILL Transaction (MM/DD/YYYY) (specify below) ROAD STE 330 6/16/2022 VP Marketing (Street) 4. If Amendment, Date 6. Individual or MCLEAN, VA 22102 Original Filed Joint/Group Filing (Check (City) (State) (Zip) (MM/DD/YYYY) Applicable Line) _X _ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security 2. Trans. Date 2A. 3. Trans. 4. Securities Acquired (A) 5. Amount of 6. Ownership 7. Nature of (Instr. 3) Deemed Code or Disposed of (D) Securities Form: Direct Indirect Execution (Instr. 8) (Instr. 3, 4 and 5) Beneficially (D) or Indirect Beneficial Date, if Owned Following (I) (Instr. 4) Ownership any Reported (Instr. 4) Transaction(s) (A) (Instr. 3 and or 4) Code V Amount (D) Price Ordinary Shares 6/16/2022 S 1510 (1) D $1.94 14139 (2) D Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) 1. Title of 2. Conversion 3. 3A. 4. Trans. 5. Number of 6. Date Exercisable 7. Title and Amount of 8. Price 9. Number of 10. 11. Nature Derivate or Exercise Trans. Deemed Code Derivative and Expiration Date Securities Underlying of derivative Ownership of Security Price of Date Execution (Instr. 8) Securities Derivative Security Derivative Securities Form of Indirect (Instr. 3) Derivative Date, if Acquired (A) or (Instr. 3 and 4) Security Beneficially Derivative Beneficial Security any Disposed of (D) (Instr. 5) Owned Security: Ownership (Instr. 3, 4 and Following Direct (D) (Instr. 4) 5) Reported or Transaction(s) Indirect (Instr. 4) (I) Date Expiration Amount or (Instr. 4) Exercisable Date Title Number of Code V (A) (D) Shares Options (Right $34.40 (2) (3) 8/11/2026 Common 3750 (2) 3750 (2) D to Buy) Stock Explanation of Responses: (1) An aggregate of 15,000 restricted stock units held by the reporting person vested and settled on June 16, 2022. The Reporting Person sold the reported shares to cover the tax liability associated with the vesting of the restricted stock units. (2) Reflects the 1 for 20 reverse share split which became effective on February 8, 2022. (3) These Options (Right to Buy) vest 25% on August 11, 2021 and then monthly over the next three years. Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other Fleck Michael C/O CYREN INC. VP Marketing 1430 SPRING HILL ROAD STE 330 MCLEAN, VA 22102 Signatures /s/ Michael Fleck 6/23/2022 ** Signature of Reporting Person Date Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. * If the form is filed by more than one reporting person, see Instruction 4(b)(v). ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.