Jacob Suen - 17 Mar 2025 Form 4 Insider Report for AIRGAIN INC (AIRG)

Signature
/s/ Michael Elbaz, as attorney-in-fact
Issuer symbol
AIRG
Transactions as of
17 Mar 2025
Net transactions value
-$15,114
Form type
4
Filing time
19 Mar 2025, 19:05:19 UTC
Previous filing
18 Mar 2025
Next filing
17 Jul 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AIRG Common Stock Options Exercise $13,964 +6,982 +2.3% $2.00 312,528 17 Mar 2025 Direct F1, F2
transaction AIRG Common Stock Sale $29,078 -6,982 -2.2% $4.16 305,546 17 Mar 2025 Direct F2, F3

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) Options Exercise $0 -6,982 -100% $0.000000 0 17 Mar 2025 Common Stock 6,982 $2.00 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This Form 4 reports the exercise of employee stock options by the reporting person that were granted approximately 10 years ago and that would otherwise expire in March 2025 if not exercised during the issuer's current trading window for insiders.
F2 Includes Restricted Stock Units.
F3 Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $4.04 to $4.385. The reporting person has provided to the issuer, and will provide to any security holder of the issuer or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.
F4 The reporting person received the stock options on March 18, 2015 pursuant to an award under the 2013 Equity Incentive Plan. The shares subject to the option are fully vested and exercisable.