JACOB SUEN - 01 Mar 2022 Form 4 Insider Report for AIRGAIN INC (AIRG)

Signature
/s/ Jacob Suen
Issuer symbol
AIRG
Transactions as of
01 Mar 2022
Net transactions value
-$95,349
Form type
4
Filing time
03 Mar 2022, 20:50:55 UTC
Previous filing
03 Feb 2022
Next filing
03 Mar 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AIRG Common Stock Award $0 +26,144 +22% $0.000000 143,742 01 Mar 2022 Direct F1, F2
transaction AIRG Common Stock Tax liability $95,349 -10,897 -7.6% $8.75 132,845 01 Mar 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.