Jacob Suen - Mar 1, 2022 Form 4 Insider Report for AIRGAIN INC (AIRG)

Role
President and CEO, Director
Signature
/s/ Jacob Suen
Stock symbol
AIRG
Transactions as of
Mar 1, 2022
Transactions value $
-$95,349
Form type
4
Date filed
3/3/2022, 08:50 PM
Previous filing
Feb 3, 2022
Next filing
Mar 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AIRG Common Stock Award $0 +26.1K +22.23% $0.00 144K Mar 1, 2022 Direct F1, F2
transaction AIRG Common Stock Tax liability -$95.3K -10.9K -7.58% $8.75 133K Mar 1, 2022 Direct F2, F3
* 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 March 1, 2023; March 1, 2024; March 1, 2025; and March 1, 2026, 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 Includes RSUs.
F3 Reflects RSUs surrendered via a net settlement to satisfy tax withholding and remittance obligations in connection with the vesting of RSUs.