Form 4 for AIRG AIRGAIN INC
Accepted 2024-03-19 00:00:00 ET · period of report 2024-03-15 · accession 0001209191-24-004960 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2024-03-19 | 2024-03-15 | AIRG | Elbaz Michael | CFO | A - Grant | $0.00 | +35.0K | 109.8K | +47% | $0 |
| DM | 2024-03-19 | 2024-03-15 | AIRG | Elbaz Michael | CFO | S - Sale | $5.38 | -3,782 | 79.8K | -5% | -$20.3K |
| D | 2024-03-19 | 2024-03-15 | AIRG | Elbaz Michael | CFO | A - Grant | $0.00 | +53.7K | 53.7K | 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 | 2024-03-15 | A | A | 4,992 | $0.00 | 81,880 | D | — | — | (F3) Represents RSUs. Each RSU represents a contingent right to receive one share of the Issuer's common stock. All of the RSUs are fully vested and granted as a catch up for the 15% base salary reduction effective July 1, 2023. (F2) Includes RSUs. |
| 2 | Common | Common Stock | 2024-03-15 | S | D | 1,736 | $5.38 | 76,888 | D | — | — | (F1) The sale reported on this Form 4 represents shares sold by the Reporting person to cover tax withholding obligations in connection with the vesting and settlement of Restricted Stock Units. The sale was to satisfy tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary transaction by the Reporting person. (F2) Includes RSUs. |
| 3 | Common | Common Stock | 2024-03-15 | A | A | 29,968 | $0.00 | 109,802 | D | — | — | (F4) Represents RSUs. Each RSU represents a contingent right to receive one share of the Issuer's common stock. The RSUs shall vest in substantially equal installments on each of the March 15, 2025; March 15, 2026; March 15, 2027; and March 15, 2028, 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. |
| 4 | Common | Common Stock | 2024-03-15 | S | D | 2,046 | $5.38 | 79,834 | D | — | — | (F1) The sale reported on this Form 4 represents shares sold by the Reporting person to cover tax withholding obligations in connection with the vesting and settlement of Restricted Stock Units. The sale was to satisfy tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary transaction by the Reporting person. (F2) Includes RSUs. |
| 5 | Derivative | Stock Option (Right to Buy) | 2024-03-15 | A | A | 53,700 | $0.00 | 53,700 | D | $5.38 · — to 2034-03-14 | 53,700 Common Stock | (F5) The option is exercisable as it vests. 25% of the shares subject to the option vest on March 15, 2025, 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. |