Ryan Michael Pratt - 01 Jan 2022 Form 4 Insider Report for Guerrilla RF, Inc. (GUER)

Role
Chief Executive Officer, Director, 10%+ Owner
Signature
/s/ Corey Martens, Attorney-in-Fact
Issuer symbol
GUER
Transactions as of
01 Jan 2022
Net transactions value
$0
Form type
4
Filing time
03 Jan 2022, 14:03:05 UTC
Previous filing
04 Nov 2021
Next filing
29 Mar 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding GUER Common Stock 5,317,467 01 Jan 2022 Direct
holding GUER Common Stock 378,131 01 Jan 2022 By Trust F1
holding GUER Common Stock 378,131 01 Jan 2022 By Trust F2
holding GUER Common Stock 378,131 01 Jan 2022 By Trust F3

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 GUER Restricted Stock Unit Award $0 +25,000 $0.000000 25,000 01 Jan 2022 Common Stock 25,000 Direct F4, F5, F6
holding GUER Stock Option 8,862 01 Jan 2022 Common Stock 8,862 $0.2400 Held by Spouse F7
holding GUER Stock Option 3,840 01 Jan 2022 Common Stock 3,840 $0.3200 Held by Spouse F7
holding GUER Stock Option 8,862 01 Jan 2022 Common Stock 8,862 $0.3700 Held by Spouse F8
holding GUER Stock Option 7,976 01 Jan 2022 Common Stock 7,976 $0.5300 Held by Spouse F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares held of record by the 2021 Irrevocable Trust for Patrick Joseph Pratt u/a dated June 7, 2021, for the benefit of Reporting Person's child. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities on this report shall not be deemed an admission that the Reporting Person is the beneficial owner of the reported securities for purposes of Section 16 of the Exchange Act or for any other purpose.
F2 Shares held of record by the 2021 Irrevocable Trust for Rachel Katherin Pratt u/a dated June 7, 2021, for the benefit of Reporting Person's child. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities on this report shall not be deemed an admission that the Reporting Person is the beneficial owner of the reported securities for purposes of Section 16 of the Exchange Act or for any other purpose.
F3 Shares held of record by the 2021 Irrevocable Trust for Nikolas Ryan Pratt u/a dated June 7, 2021, for the benefit of Reporting Person's child. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities on this report shall not be deemed an admission that the Reporting Person is the beneficial owner of the reported securities for purposes of Section 16 of the Exchange Act or for any other purpose.
F4 Each restricted stock unit represents the contingent right to receive one share of Common Stock upon vesting of the unit.
F5 The restricted stock units vest as follows: (i) 8,333 on 1/1/2023; (ii) 8,333 on 1/1/2024; and (iii) 8,334 on 1/1/2025, in each case subject to the recipient's continued service through the applicable vesting date.
F6 No expiration date.
F7 The shares subject to the option are fully vested and exercisable.
F8 2,954 of the shares subject to the option vested on 5/4/2020; 2,954 of the shares subject to the option vested on 5/4/2021; and the remaining shares vest in one installment on 5/4/2022, subject to the holder's continued service as of each vesting date.
F9 2,659 of the shares subject to the option vested on 5/4/2021; and the remaining shares vest in two equal installments on 5/4/2022 and 5/4/2023, subject to the holder's continued service as of each vesting date.