Jacob Suen - Mar 15, 2023 Form 4/A - Amendment Insider Report for AIRGAIN INC (AIRG)

Signature
/s/ Michael Elbaz, as attorney-in-fact
Stock symbol
AIRG
Transactions as of
Mar 15, 2023
Transactions value $
$0
Form type
4/A - Amendment
Date filed
5/26/2023, 05:28 PM
Date Of Original Report
May 26, 2023
Previous filing
Mar 3, 2023
Next filing
Aug 17, 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 +84.8K $0.00 84.8K Mar 15, 2023 Common Stock 84.8K $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.