Pete A. Smith - 03 Jul 2021 Form 4/A - Amendment Insider Report for AVIAT NETWORKS, INC. (AVNW)

Role
President and CEO
Signature
/s/ Chris Wong, Director of Accounting and POA
Issuer symbol
AVNW
Transactions as of
03 Jul 2021
Net transactions value
$0
Form type
4/A - Amendment
Filing time
09 Sep 2021, 19:39:51 UTC
Date Of Original Report
07 Jul 2021
Next filing
25 Feb 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AVNW Common Stock Award $0 +24,049 +32% $0.000000 99,137 03 Jul 2021 Direct F1
transaction AVNW Common Stock Award $0 +24,049 +24% $0.000000 123,186 03 Jul 2021 Direct F2, F3

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 +59,422 $0.000000 59,422 03 Jul 2021 Common Stock 59,422 $31.88 Direct F4
* 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 (RSU) grant. The RSU shares shall vest on an annual basis ratably over 3 years from date of grant.
F2 This award was errantly reported in table 2 on original form 4, and is being moved to table 1, consistent with other Section 16 files for Aviat Networks.
F3 This represents a grant of Performance Stock Units (PSUs). PSUs vest upon achievement of certain financial metrics and 3 years from the date of grant.
F4 This represents a Stock Option grant that vest on an annual basis ratably over 3 years from date of grant.