WILLIAM J. PRATT - 28 Mar 2024 Form 4 Insider Report for Guerrilla RF, Inc. (GUER)

Role
Director
Signature
/s/ John Berg, Attorney-in-Fact
Issuer symbol
GUER
Transactions as of
28 Mar 2024
Net transactions value
$0
Form type
4
Filing time
01 Apr 2024, 15:51:42 UTC
Previous filing
19 May 2023
Next filing
20 May 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 +21,139 +20% 125,378 28 Mar 2024 Direct F5
holding GUER Common Stock 966 28 Mar 2024 Held by Spouse

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 Warrant Purchase +21,139 21,139 28 Mar 2024 Common Stock 21,139 $2.50 Direct F5
holding GUER Restricted Stock Unit 6,411 28 Mar 2024 Common Stock 6,411 Direct F1, F2, F3
holding GUER Stock Option 2,462 28 Mar 2024 Common Stock 2,462 $1.44 Direct F4
holding GUER Stock Option 2,462 28 Mar 2024 Common Stock 2,462 $1.92 Direct F4
holding GUER Stock Option 1,970 28 Mar 2024 Common Stock 1,970 $2.22 Direct F4
holding GUER Stock Option 1,970 28 Mar 2024 Common Stock 1,970 $3.18 Direct F4
* 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 a 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) the first anniversary date of the award, 04/05/2024, subject to the recipient's continued service as a Board member of the Company as of the first anniversary date, (ii) the recipient's death, or (iii) the recipient's disability.
F3 No expiration date.
F4 The shares subject to the option are fully vested and exercisable.
F5 In connection with the conversion of existing debt, the reporting person purchased 21,139 units (the "Units"), each Unit consisting of one (1) share of the Company's common stock and one (1) warrant to purchase one share of Common Stock. The purchase price of each Unit was $2.50 per Unit.