Gerald T. Garland - 28 Feb 2022 Form 4 Insider Report for R F INDUSTRIES LTD (RFIL)

Role: Director
Signature: /s/ Gerald T. Garland
Issuer symbol: RFIL
Transactions as of: 28 Feb 2022
Net transactions value: +$36,750
Form type: 4
Filing time: 02 Mar 2022, 13:28:59 UTC
Previous filing: 10 Sep 2021
Next filing: 19 Apr 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	RFIL	Common Stock	Options Exercise	$36,750	+15,000	+21%	$2.45	85,067	28 Feb 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	RFIL	Stock Option (right to buy)	Options Exercise	$0	-15,000	-65%	$0.000000	7,927	28 Feb 2022	Common Stock	15,000	$2.45	Direct	F1

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

Explanation of Responses:

Id	Content
F1	The Stock Option vested and became exercisable in four equal quarterly increments over a one-year period on January 31, 2018, April 30, 2018, July 31, 2018, and October 31, 2018.