Ownership Submission
FORM 3
 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
  Myshrall Joseph Michael
 2. Date of Event Requiring Statement (Month/Day/Year)
01/01/2019		 3. Issuer Name and Ticker or Trading Symbol
CYREN Ltd. [CYRN]
(Last)
(First)
(Middle)
C/O CYREN INC.,, 1430 SPRING HILL ROAD, SUITE 330		 4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
CHIEF FINANCIAL OFFICER
 5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

MCLEAN, VA 22102		 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)		 2. Amount of Securities Beneficially Owned
(Instr. 4)		 3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)		 4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Ordinary Shares 30,000 (1)
D
 
Ordinary Shares 20,000
I
By spouse

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)		 2. Date Exercisable and Expiration Date
(Month/Day/Year)		 3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)		 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)		 6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Options (right to buy)   (2) 02/13/2019 Ordinary Shares 20,000 $ 3.14 D  
Stock Options (right to buy)   (3) 05/14/2020 Ordinary Shares 40,000 $ 3.32 D  
Stock Options (right to buy)   (4) 02/18/2021 Ordinary Shares 60,000 $ 3 D  
Stock Options (right to buy)   (5) 02/10/2022 Ordinary Shares 75,000 $ 1.44 D  
Stock Options (right to buy)   (6) 01/24/2023 Ordinary Shares 50,000 $ 2 D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Myshrall Joseph Michael
C/O CYREN INC.,
1430 SPRING HILL ROAD, SUITE 330
MCLEAN, VA 22102		       CHIEF FINANCIAL OFFICER  

Signatures

/s/ Eric Spindel, Attorney-in-fact 01/02/2019
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(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).
(1) These shares represent restricted stock units which vest in four equal annual installments beginning on January 25, 2019.
(2) These options are fully vested and immediately exercisable.
(3) These options are fully vested and immediately exercisable.
(4) These options are fully vested and immediately exercisable.
(5) These options are fully vested and immediately exercisable.
(6) These options are fully vested and immediately exercisable.
 
Remarks:
Exhibit 24: Power of Attorney

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