Eric Chang - 01 Sep 2021 Form 4 Insider Report for AVIAT NETWORKS, INC. (AVNW)

Signature
/s/Eric Chang, SVP and Chief Financial Officer
Issuer symbol
AVNW
Transactions as of
01 Sep 2021
Net transactions value
$0
Form type
4
Filing time
03 Sep 2021, 20:15:56 UTC
Next filing
08 Sep 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AVNW Common Stock Award $0 +1,411 +3.3% $0.000000 43,545 01 Sep 2021 Direct F1
transaction AVNW Common Stock Award $0 +1,411 +3.2% $0.000000 44,956 01 Sep 2021 Direct F2

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 AVNW Non-Qualified Stock Option (right to buy) Award $0 +3,425 $0.000000 3,425 01 Sep 2021 Common Stock 3,425 $35.97 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This represents a Restricted Stock Unit grant that vest annually over three years from date of grant.
F2 This represents a Performance Restricted Stock Unit with three year performance period from date of grant. This will cliff vest three years from grant date upon meeting performance metrics.
F3 This represents a Stock Option grant that vest annually over three years from date of grant.