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

Role
Chief Financial Officer
Signature
/s/ Corey Martens, Attorney-in-Fact
Issuer symbol
GUER
Transactions as of
30 Dec 2022
Net transactions value
+$26,000
Form type
4
Filing time
04 Jan 2023, 14:33:25 UTC
Previous filing
17 Nov 2022
Next filing
01 Feb 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GUER Common Stock Purchase $26,000 +20,000 +14% $1.30 163,581 30 Dec 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 +75,000 $0.000000 75,000 03 Jan 2023 Common Stock 75,000 Direct F1, F2, F7
holding GUER Restricted Stock Unit 15,770 30 Dec 2022 Common Stock 15,770 Direct F1, F3, F7
holding GUER Restricted Stock Unit 13,000 30 Dec 2022 Common Stock 13,000 Direct F1, F4, F7
holding GUER Stock Option 36,926 30 Dec 2022 Common Stock 36,926 $0.2400 Direct F5
holding GUER Stock Option 25,604 30 Dec 2022 Common Stock 25,604 $0.3200 Direct F5
holding GUER Stock Option 12,407 30 Dec 2022 Common Stock 12,407 $0.3700 Direct F5
holding GUER Stock Option 8,862 30 Dec 2022 Common Stock 8,862 $0.5300 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.