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

Role: Chief Business Officer
Signature: /s/ Kellie Chong by Corey Martens, Attorney-in-Fact
Stock symbol: GUER
Transactions as of: Feb 21, 2022
Transactions value $: $0
Form type: 4
Date filed: 3/25/2022, 03:22 PM
Previous filing: Feb 4, 2022
Next filing: Jan 5, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	GUER	Common Stock						28.8K	Feb 21, 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	+130K		$0.00	130K	Feb 21, 2022	Common Stock	130K	$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.