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

Role
Director
Signature
/s/ John Berg, Attorney-in-Fact
Stock symbol
GUER
Transactions as of
Mar 28, 2024
Transactions value $
$0
Form type
4
Date filed
4/1/2024, 03:51 PM
Previous filing
May 19, 2023
Next filing
May 20, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GUER Common Stock Purchase +21.1K +20.28% 125K Mar 28, 2024 Direct F5
holding GUER Common Stock 966 Mar 28, 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 +21.1K 21.1K Mar 28, 2024 Common Stock 21.1K $2.50 Direct F5
holding GUER Restricted Stock Unit 6.41K Mar 28, 2024 Common Stock 6.41K Direct F1, F2, F3
holding GUER Stock Option 2.46K Mar 28, 2024 Common Stock 2.46K $1.44 Direct F4
holding GUER Stock Option 2.46K Mar 28, 2024 Common Stock 2.46K $1.92 Direct F4
holding GUER Stock Option 1.97K Mar 28, 2024 Common Stock 1.97K $2.22 Direct F4
holding GUER Stock Option 1.97K Mar 28, 2024 Common Stock 1.97K $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.