Gregory J. Thompson - Oct 22, 2021 Form 3 Insider Report for Guerrilla RF, Inc. (GUER)

Role
Director
Signature
/s/ Joe Newlon, Attorney-in-Fact
Stock symbol
GUER
Transactions as of
Oct 22, 2021
Transactions value $
$0
Form type
3
Date filed
12/8/2021, 02:59 PM
Next filing
Jan 3, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding GUER Common Stock 221K Oct 22, 2021 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
holding GUER Stock Option Oct 22, 2021 Common Stock 29.5K $0.37 Direct F2
holding GUER Stock Option Oct 22, 2021 Common Stock 11.8K $0.53 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On October 22, 2021, the Issuer's wholly-owned subsidiary, Guerrilla RF Acquisition Co. ("Acquisition Sub"), merged with and into Guerrilla RF, Inc., a privately held Delaware corporation ("Guerrilla RF"). Pursuant to this transaction (the "Merger"), Guerrilla RF was the surviving corporation and became the Issuer's wholly owned subsidiary, and all of the outstanding stock of Guerrilla RF was converted into shares of the Issuer's common stock. All of Guerrilla RF's outstanding options were assumed by the Issuer. As a result of the Merger, each of Guerrilla RF's shares of capital stock issued and outstanding immediately prior to the closing of the Merger was converted into the right to receive approximately 2.95 shares of the Issuer's common stock. Following the consummation of the Merger, Guerrilla RF changed its name to "Guerrilla RF Operating Corporation", and the Issuer changed its name to "Guerrilla RF, Inc."
F2 The shares subject to the option are fully vested and exercisable.

Remarks:

Exhibit List: Exhibit 24 - Power of Attorney