Michael Elbaz - 15 Mar 2023 Form 4/A - Amendment Insider Report for AIRGAIN INC (AIRG)

Signature
/s/ Michael Elbaz, as attorney-in-fact
Issuer symbol
AIRG
Transactions as of
15 Mar 2023
Net transactions value
$0
Form type
4/A - Amendment
Filing time
26 May 2023, 17:26:53 UTC
Date Of Original Report
26 May 2023
Previous filing
19 Oct 2022
Next filing
20 Dec 2023

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 +34,354 $0.000000 34,354 15 Mar 2023 Common Stock 34,354 $5.07 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The option is exercisable as it vests. 25% of the shares subject to the option vest on February 1, 2024, and 1/48th of the total number of shares subject to the option 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.

Remarks:

On March 17, 2023, the Reporting Person filed a Form 4 which inadvertently understated the number of stock options that were actually granted to the Reporting Person. The correct number of stock options granted is listed above.