Michael Elbaz - 15 Mar 2025 Form 4 Insider Report for AIRGAIN INC (AIRG)

Role: Chief Financial Officer
Signature: /s/ Michael Elbaz
Issuer symbol: AIRG
Transactions as of: 15 Mar 2025
Net transactions value: -$32,639
Form type: 4
Filing time: 18 Mar 2025, 21:49:50 UTC
Previous filing: 19 Nov 2024
Next filing: 17 Jul 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AIRG	Common Stock	Tax liability	$7,578	-1,738	-1.7%	$4.36	101,056	15 Mar 2025	Direct	F1, F2
transaction	AIRG	Common Stock	Tax liability	$13,416	-3,077	-3%	$4.36	97,979	15 Mar 2025	Direct	F1, F2
transaction	AIRG	Common Stock	Award	$0	+6,502	+6.6%	$0.000000	104,481	15 Mar 2025	Direct	F2, F3
transaction	AIRG	Common Stock	Tax liability	$11,646	-2,671	-2.6%	$4.36	101,810	15 Mar 2025	Direct	F1, F2
transaction	AIRG	Common Stock	Award	$0	+10,710	+11%	$0.000000	112,520	15 Mar 2025	Direct	F2, F4
transaction	AIRG	Common Stock	Award	$0	+24,287	+22%	$0.000000	136,807	15 Mar 2025	Direct	F2, F5

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	AIRG	Stock Option (Right to Buy)	Award	$0	+29,499		$0.000000	29,499	15 Mar 2025	Common Stock	29,499	$4.36	Direct	F6

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents restricted stock units surrendered via a net settlement to satisfy tax withholding and remittance obligations in connection with the vesting of restricted stock units.
F2	Includes Restricted Stock Units.
F3	Represents restricted stock units. Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock. The restricted stock units are fully vested.
F4	Represents restricted stock units. Each restricted stock unit represents a contingent right to receive one share of the issuer's common stock. The restricted stock units shall vest on January 15, 2026, subject to the reporting person's continued service to the issuer through each such vesting date. The restricted stock units will be subject to acceleration as provided in the reporting person's employment agreement.
F5	Represents restricted stock units. Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock. The restricted stock units shall vest in substantially equal installments on each of the March 15, 2026; March 15, 2027; March 15, 2028; and March 15, 2029, subject to the reporting person's continued service to the Issuer through each such vesting date. The restricted stock units will be subject to acceleration as provided in the reporting person's employment agreement.
F6	The option is exercisable as it vests. 25% of the shares subject to the option vest on March 15, 2026, 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 will be subject to acceleration as provided in the reporting person's employment agreement.