Pete A. Smith - Jul 3, 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
Stock symbol
AVNW
Transactions as of
Jul 3, 2021
Transactions value $
$0
Form type
4/A - Amendment
Date filed
9/9/2021, 07:39 PM
Date Of Original Report
Jul 7, 2021
Next filing
Feb 25, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AVNW Common Stock Award $0 +24K +32.03% $0.00 99.1K Jul 3, 2021 Direct F1
transaction AVNW Common Stock Award $0 +24K +24.26% $0.00 123K Jul 3, 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 +59.4K $0.00 59.4K Jul 3, 2021 Common Stock 59.4K $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.