John Berg - Dec 30, 2022 Form 4 Insider Report for Guerrilla RF, Inc. (GUER)

Role
Chief Financial Officer
Signature
/s/ Corey Martens, Attorney-in-Fact
Stock symbol
GUER
Transactions as of
Dec 30, 2022
Transactions value $
$26,000
Form type
4
Date filed
1/4/2023, 02:33 PM
Previous filing
Nov 17, 2022
Next filing
Feb 1, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GUER Common Stock Purchase $26K +20K +13.93% $1.30 164K Dec 30, 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 GUER Restricted Stock Unit Award $0 +75K $0.00 75K Jan 3, 2023 Common Stock 75K Direct F1, F2, F7
holding GUER Restricted Stock Unit 15.8K Dec 30, 2022 Common Stock 15.8K Direct F1, F3, F7
holding GUER Restricted Stock Unit 13K Dec 30, 2022 Common Stock 13K Direct F1, F4, F7
holding GUER Stock Option 36.9K Dec 30, 2022 Common Stock 36.9K $0.24 Direct F5
holding GUER Stock Option 25.6K Dec 30, 2022 Common Stock 25.6K $0.32 Direct F5
holding GUER Stock Option 12.4K Dec 30, 2022 Common Stock 12.4K $0.37 Direct F5
holding GUER Stock Option 8.86K Dec 30, 2022 Common Stock 8.86K $0.53 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents the contingent right to receive one share of common stock upon vesting of the unit.
F2 The restricted stock units vest as follows: (i) 25,000 on 1/1/2024; (ii) 25,000 on 1/1/2025; and (iii) 25,000 on 1/1/2026, in each case subject to the Reporting Person's continued service through the applicable vesting date.
F3 The restricted stock units vest as follows: (i) 5,256 on 12/6/2023; (ii) 5,257 on 12/6/2024; and (iii) 5,257 on 12/6/2025, in each case subject to the Reporting Person's continued service through the applicable vesting date.
F4 The restricted stock units vest as follows: (i) 4,333 on 2/21/2023; (ii) 4,333 on 2/21/2024; and (iii) 4,334 on 2/21/2025, in each case subject to the Reporting Person's continued service through the applicable vesting date.
F5 The shares subject to the option are fully vested and exercisable.
F6 5,908 of the shares subject to the option are vested, and the remaining shares vest December 6, 2023, subject to the Reporting Person's continued service as of each such vesting date.
F7 No expiration date.