Arthur M. Toscanini - Feb 1, 2022 Form 4 Insider Report for AIRGAIN INC (AIRG)

Role: Director
Signature: /s/ David B. Lyle, attorney-in-fact
Stock symbol: AIRG
Transactions as of: Feb 1, 2022
Transactions value $: $0
Form type: 4
Date filed: 2/3/2022, 08:32 PM
Next filing: Jun 10, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AIRG	Common Stock	Award	$0	+2.94K	+4.17%	$0.00	73.3K	Feb 1, 2022	Direct	F1, F2
holding	AIRG	Common Stock						5	Feb 1, 2022	See footnote	F3, F4

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	+5.58K		$0.00	5.58K	Feb 1, 2022	Common Stock	5.58K	$9.46	Direct	F5

* 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. 100% of the RSUs vest on February 1, 2023, subject to the Reporting Person's continued service to the Issuer through each such vesting date.
F2	Includes RSUs.
F3	Represents shares held by Gen 3 Partners, Inc. ("Gen 3 Partners"). Reporting Person may be deemed to share beneficial ownership of the shares held by Gen 3 Partners in his capacity as a director of Gen 3 Partners. Reporting Person disclaims such beneficial ownership except to the extent of his pecuniary interest therein.
F4	The general partner of GEN3 Capital is GEN3 Capital Partners, LLC ("GEN3 LLC") and James K. Sims is the Managing Member of GEN3 LLC. As a result, each of GEN3 LLC and Mr. Sims may be deemed to share beneficial ownership of the shares of common stock held by GEN3 Capital. Mr. Sims may be deemed to share beneficial ownership of the shares held by Gen 3 Partners in his capacity as a director of Gen 3 Partners. Mr. Sims disclaims such beneficial ownership to the extent of his pecuniary interest therein.
F5	The option is exercisable as it vests. 100% of the shares subject to the option vest on February 1, 2023, subject to the Reporting Person's continued service with the Issuer through such vesting date.