John Berg - Apr 8, 2022 Form 4 Insider Report for Guerrilla RF, Inc. (GUER)

Signature
/s/ John Berg by Corey Martens, Attorney-in-Fact
Stock symbol
GUER
Transactions as of
Apr 8, 2022
Transactions value $
$0
Form type
4
Date filed
4/12/2022, 01:56 PM
Previous filing
Nov 10, 2021
Next filing
Nov 17, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding GUER Common Stock 144K Apr 8, 2022 Direct

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 +13K $0.00 13K Apr 8, 2022 Common Stock 13K Direct F1, F2
holding GUER Stock Option 36.9K Apr 8, 2022 Common Stock 36.9K $0.24 Direct F3
holding GUER Stock Option 25.6K Apr 8, 2022 Common Stock 25.6K $0.32 Direct F3
holding GUER Stock Option 12.4K Apr 8, 2022 Common Stock 12.4K $0.37 Direct F4
holding GUER Stock Option 8.86K Apr 8, 2022 Common Stock 8.86K $0.53 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents the contingent right to receive one share of common stock upon vesting of the unit.
F2 The restricted stock units vest as follows: (i) 4,333 on 2/21/2023; (ii) 4,333 on 2/21/2024; and (iii) 4,334 on 2/21/2025, in each case subject to the recipient's continued service through the applicable vesting date.
F3 The shares subject to the option are fully vested and exercisable.
F4 8,272 of the shares subject to the option are vested, and the remaining shares vest on December 6, 2022, subject to the Reporting Person's continued service as of such vesting date.
F5 2,954 of the shares subject to the option are vested, and the remaining shares vest in two equal annual installments on December 6, 2022 and December 6, 2023, subject to the Reporting Person's continued service as of each such vesting date.