Michael Elbaz - 17 Oct 2022 Form 4 Insider Report for AIRGAIN INC (AIRG)

Role: Chief Financial Officer
Signature: /s/ Michael Elbaz
Issuer symbol: AIRG
Transactions as of: 17 Oct 2022
Net transactions value: $0
Form type: 4
Filing time: 19 Oct 2022, 17:34:47 UTC
Next filing: 26 May 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AIRG	Common Stock	Award	$0	+46,974		$0.000000	46,974	17 Oct 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
transaction	AIRG	Stock Option (Right to Buy)	Award	$0	+86,978		$0.000000	86,978	17 Oct 2022	Common Stock	86,978	$7.11	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 November 15, 2023; November 15, 2024; November 15, 2025; and November 15, 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	The option is exercisable as it vests. 25% of the shares subject to the option vest on October 17, 2023, and 1/48th of the total number of shares subject to the option will 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.

Content

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 November 15, 2023; November 15, 2024; November 15, 2025; and November 15, 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.

The option is exercisable as it vests. 25% of the shares subject to the option vest on October 17, 2023, and 1/48th of the total number of shares subject to the option will 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.