Susan Berish Barkal - 05 Apr 2023 Form 4 Insider Report for Guerrilla RF, Inc. (GUER)

Role
Director
Signature
/s/ John Berg, Attorney-in-Fact
Issuer symbol
GUER
Transactions as of
05 Apr 2023
Net transactions value
$0
Form type
4
Filing time
01 Apr 2024, 15:44:36 UTC
Previous filing
23 Jan 2023
Next filing
07 Jun 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding GUER Common Stock 10,834 05 Apr 2023 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 +6,411 $0.000000 6,411 05 Apr 2023 Common Stock 6,411 Direct F1, F2, F3
holding GUER Warrant 3,334 05 Apr 2023 Common Stock 3,334 $12.00 Direct
* 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 100% on the earliest of (i) April 5, 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.
F3 No expiration date.

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.