Form 4 for AIRG AIRGAIN INC
Accepted 2023-03-17 00:00:00 ET · period of report 2023-03-15 · accession 0001209191-23-019969 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2023-03-17 | 2023-03-15 | AIRG | Sadri Ali | CTO | A - Grant | $0.00 | +58.1K | 80.6K | +258% | $0 |
| D | 2023-03-17 | 2023-03-15 | AIRG | Sadri Ali | CTO | F - Tax | $5.07 | -11.0K | 69.6K | -14% | -$55.6K |
| D | 2023-03-17 | 2023-03-15 | AIRG | Sadri Ali | CTO | A - Grant | $0.00 | +28.9K | 28.9K | New | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2023-03-15 | A | A | 58,097 | $0.00 | 80,579 | D | — | — | (F1) Represents restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of the Issuer's common stock. 29,230 of the RSUs are fully vested and granted in lieu of cash payment of an annual bonus. 28,867 of the RSUs shall vest in substantially equal installments on each of March 15, 2024; March 15, 2025; March 15, 2026; and March 15, 2027, subject to the Reporting Person's continued service to the Issuer through each such vesting date. The RSUs may accelerate under certain conditions pursuant to the Reporting Person's employment agreement. (F2) Includes RSUs. |
| 2 | Common | Common Stock | 2023-03-15 | F | D | 10,960 | $5.07 | 69,619 | D | — | — | (F3) Represents RSUs surrendered via a net settlement to satisfy tax withholding and remittance obligations in connection with the vesting of RSUs. (F2) Includes RSUs. |
| 3 | Derivative | Stock Option (Right to Buy) | 2023-03-15 | A | A | 28,866 | $0.00 | 28,866 | D | $5.07 · — to 2033-03-14 | 28,866 Common Stock | (F4) The option is exercisable as it vests. 25% of the shares subject to the option vest on February 1, 2024, and 1/48th of the total number of shares subject to the option vest monthly thereafter, subject to the Reporting Person's continued service to the Issuer through each such vesting date. The option may accelerate under certain conditions pursuant to the Reporting Person's employment agreement. |