Kellie Hyon-Ok Chong - 21 Feb 2022 Form 4 Insider Report for Guerrilla RF, Inc. (GUER)

Signature
/s/ Kellie Chong by Corey Martens, Attorney-in-Fact
Issuer symbol
GUER
Transactions as of
21 Feb 2022
Net transactions value
$0
Form type
4
Filing time
25 Mar 2022, 15:22:09 UTC
Previous filing
04 Feb 2022
Next filing
05 Jan 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding GUER Common Stock 28,819 21 Feb 2022 See footnote 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 GUER Stock Option Award $0 +130,000 $0.000000 130,000 21 Feb 2022 Common Stock 130,000 $2.00 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the Reporting Person's proportionate pecuniary interest in the 144,094 shares of common stock held directly by Ninth Technology, LLC ("Ninth Technology"). The Reporting Person is a member and manager of Ninth Technology. The Reporting Person disclaims beneficial ownership of the shares held by Ninth Technology except to the extent of her proportionate pecuniary interest therein.
F2 Represents shares of common stock granted under the Company's 2021 Equity Incentive Plan. The shares subject to the option will vest in four equal annual installments beginning on January 24, 2023, subject to the Reporting Person's continued service to the Company on each vesting date.