James E. Dunn Jr. - Apr 5, 2023 Form 4 Insider Report for Guerrilla RF, Inc. (GUER)

Role
Director
Signature
/s/ John Berg, Attorney-in-Fact
Stock symbol
GUER
Transactions as of
Apr 5, 2023
Transactions value $
$0
Form type
4
Date filed
4/1/2024, 03:42 PM
Previous filing
Jan 4, 2023
Next filing
May 31, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding GUER Common Stock 11.2K Apr 5, 2023 Direct
holding GUER Common Stock 1.67K Apr 5, 2023 By Trust F1

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 +6.41K $0.00 6.41K Apr 5, 2023 Common Stock 6.41K Direct F2, F3, F4
holding GUER Stock Option 2.96K Apr 5, 2023 Common Stock 2.96K $2.88 Direct F5
holding GUER Stock Option 2.46K Apr 5, 2023 Common Stock 2.46K $1.44 Direct F5
holding GUER Stock Option 2.46K Apr 5, 2023 Common Stock 2.46K $1.92 Direct F5
holding GUER Stock Option 1.23K Apr 5, 2023 Common Stock 1.23K $2.22 Direct F5
holding GUER Stock Option 2.46K Apr 5, 2023 Common Stock 2.46K $3.18 Direct F5
holding GUER Warrant 834 Apr 5, 2023 Common Stock 834 $12.00 By Trust. F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares and warrants held of record by the James E. Dunn, Jr. Restated 1985 Revocable Trust, for the benefit of Reporting Person.
F2 Each restricted stock unit represents the contingent right to receive one share of common stock upon vesting of the unit.
F3 The restricted stock units vest 100% on the earliest of (i) 04/05/2024, subject to the recipient's continued service as a Board member of the Company, (ii) the recipient's death, or (iii) the recipient's disability.
F4 No expiration date.
F5 The shares subject to the option are fully vested and exercisable.

Remarks:

On April 17, 2023, Guerrilla RF, Inc. (the "Company") effected a 1-for-6 reverse stock split of its Common Stock. This Form 4 reflects the beneficial ownership post-stock split, including proportionate adjustments made to the exercise price and the number of shares of Common Stock issuable upon the exercise of outstanding stock options.