Susan Berish Barkal - 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, 03:44 PM
Previous filing
Jan 23, 2023
Next filing
Jun 7, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding GUER Common Stock 10.8K Apr 5, 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 +6.41K $0.00 6.41K Apr 5, 2023 Common Stock 6.41K Direct F1, F2, F3
holding GUER Warrant 3.33K Apr 5, 2023 Common Stock 3.33K $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.