Jonathan Read - May 14, 2024 Form 4 Insider Report for GRESHAM WORLDWIDE, INC. (GIGA)

Role: Chief Executive Officer, Director
Signature: /s/ Jonathan Read
Stock symbol: GIGA
Transactions as of: May 14, 2024
Transactions value $: $0
Form type: 4
Date filed: 5/16/2024, 05:24 PM
Previous filing: Sep 12, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	GIGA	Common Stock	Other	$0	+12.5K	+9.09%	$0.00	150K	May 14, 2024	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On September 12, 2022, the Reporting Person filed a Form 4 disclosing a grant of restricted stock units and 299,851 stock options. Of the restricted stock units, 137,433 are fully vested and the remaining 12,492 restricted stock units were to vest on May 25, 2024. The Issuer has decided to extend the last vesting increment from May 25, 2024 to May 25, 2025, subject to continued service as an employee of the Company as of that vesting date, and all vested shares of common stock will be delivered to the Reporting Person upon the final extended vesting of the restricted stock units. The stock options disclosed on the same Form 4 will vest on May 25, 2024.

Content

On September 12, 2022, the Reporting Person filed a Form 4 disclosing a grant of restricted stock units and 299,851 stock options. Of the restricted stock units, 137,433 are fully vested and the remaining 12,492 restricted stock units were to vest on May 25, 2024. The Issuer has decided to extend the last vesting increment from May 25, 2024 to May 25, 2025, subject to continued service as an employee of the Company as of that vesting date, and all vested shares of common stock will be delivered to the Reporting Person upon the final extended vesting of the restricted stock units. The stock options disclosed on the same Form 4 will vest on May 25, 2024.