Ali Sadri - Jan 24, 2022 Form 3 Insider Report for AIRGAIN INC (AIRG)

Role
Chief Technology Officer
Signature
/s/ Ali Sadri
Stock symbol
AIRG
Transactions as of
Jan 24, 2022
Transactions value $
$0
Form type
3
Date filed
2/3/2022, 08:09 PM
Next filing
Feb 3, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding AIRG Common Stock 12K Jan 24, 2022 Direct F1

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
holding AIRG Stock Option (Right to Buy) Jan 24, 2022 Common Stock 20K $20.62 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents restricted stock units (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 May 15, 2022, May 15, 2023, May 15, 2024 and May 15, 2025, 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 The option is exercisable as it vests. 25% of the shares subject to the option vests on May 3, 2022, 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.