James K. Sims - Feb 1, 2022 Form 4 Insider Report for AIRGAIN INC (AIRG)

Role
Director
Signature
/s/ James K. Sims
Stock symbol
AIRG
Transactions as of
Feb 1, 2022
Transactions value $
$0
Form type
4
Date filed
2/3/2022, 08:34 PM
Previous filing
Nov 29, 2021
Next filing
Mar 3, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AIRG Common Stock Award $0 +4.41K +1.48% $0.00 302K Feb 1, 2022 Direct F1, F2
holding AIRG Common Stock 7.53K Feb 1, 2022 See footnotes 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 +8.36K $0.00 8.36K Feb 1, 2022 Common Stock 8.36K $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 7,529 shares of common stock held by GEN3 Capital I, LP ("GEN3 Capital") and 5 shares of common stock held by Gen 3 Partners, Inc. ("Gen 3 Partners").
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.