Ryan Michael Pratt - May 23, 2024 Form 4 Insider Report for Guerrilla RF, Inc. (GUER)

Role
Chief Executive Officer, Director
Signature
/s/ John Berg, Attorney-in-Fact
Stock symbol
GUER
Transactions as of
May 23, 2024
Transactions value $
$3,847
Form type
4
Date filed
5/28/2024, 05:28 PM
Previous filing
Apr 1, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GUER Common Stock Purchase $425 +100 +0.01% $4.25 949K May 28, 2024 Direct
transaction GUER Common Stock Purchase $3.17K +901 +0.1% $3.52 949K May 24, 2024 Direct F14
transaction GUER Common Stock Purchase $251 +59 +8.06% $4.25 791 May 23, 2024 Held by Spouse
holding GUER Common Stock 63K May 23, 2024 By Trust F1
holding GUER Common Stock 63K May 23, 2024 By Trust F2
holding GUER Common Stock 63K May 23, 2024 By Trust F3

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
holding GUER Restricted Stock Unit 256 May 23, 2024 Common Stock 256 Held by Spouse F4, F6, F10
holding GUER Restricted Stock Unit 89 May 23, 2024 Common Stock 89 Held by Spouse F4, F7, F10
holding GUER Restricted Stock Unit 8.33K May 23, 2024 Common Stock 8.33K Direct F4, F8, F10
holding GUER Restricted Stock Unit 1.39K May 23, 2024 Common Stock 1.39K Direct F4, F9, F10
holding GUER Stock Option 1.48K May 23, 2024 Common Stock 1.48K $1.44 Held by Spouse F11
holding GUER Stock Option 640 May 23, 2024 Common Stock 640 $1.92 Held by Spouse F11
holding GUER Stock Option 1.48K May 23, 2024 Common Stock 1.48K $2.22 Held by Spouse F11
holding GUER Stock Option 1.33K May 23, 2024 Common stock 1.33K $3.18 Held by Spouse F11
holding GUER Restricted Stock Unit 16.7K May 23, 2024 Common Stock 16.7K Direct F4, F5, F10
holding GUER Restricted Stock Unit 2.5K May 23, 2024 Common Stock 2.5K Held by Spouse F4, F10, F12
holding GUER Restricted Stock Unit 35.4K May 23, 2024 Common Stock 35.4K Direct F4, F10, F13
holding GUER Warrant 33.8K May 23, 2024 Common Stock 33.8K $2.50 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares held of record by the 2021 Irrevocable Trust for Patrick Joseph Pratt u/a dated June 7, 2021, for the benefit of Reporting Person's child. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities on this report shall not be deemed an admission that the Reporting Person is the beneficial owner of the reported securities for purposes of Section 16 of the Exchange Act or for any other purpose.
F2 Shares held of record by the 2021 Irrevocable Trust for Rachel Katherin Pratt u/a dated June 7, 2021, for the benefit of Reporting Person's child. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities on this report shall not be deemed an admission that the Reporting Person is the beneficial owner of the reported securities for purposes of Section 16 of the Exchange Act or for any other purpose.
F3 Shares held of record by the 2021 Irrevocable Trust for Nikolas Ryan Pratt u/a dated June 7, 2021, for the benefit of Reporting Person's child. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities on this report shall not be deemed an admission that the Reporting Person is the beneficial owner of the reported securities for purposes of Section 16 of the Exchange Act or for any other purpose.
F4 Each restricted stock unit represents a contingent right to receive one share of common stock upon vesting of the unit.
F5 The restricted stock units vest as follows: (i) 8,333 on 1/1/2025; and (ii) 8,334 on 1/1/2026, in each case subject to the Reporting Person's continued service through the applicable vesting date.
F6 The restricted stock units vest on 5/4/2025, subject to the Reporting Person's continued service through the vesting date.
F7 The restricted stock units vest on 2/21/2025, subject to the Reporting Person's continued service through the vesting date.
F8 The restricted stock units vest on 1/1/2025, subject to the Reporting Person's continued service through the vesting date.
F9 The restricted stock units vest on 1/1/2025, subject to the Reporting Person's continued service through the vesting date.
F10 No expiration date.
F11 The options are fully vested and exercisable.
F12 The restricted stock units vest as follows: (i) 833 on 8/21/2024; (ii) 833 on 8/21/2025; and (iii) 834 on 8/21/2026, in each case subject to the Reporting Person's continued service through the applicable vesting date.
F13 The restricted stock units vest as follows: (i) 11,792 on 1/1/2025; (ii) 11,792 on 1/1/2026; and (iii) 11,793 on 1/1/2027, in each case subject to the Reporting Person's continued service through the applicable vesting date.
F14 The purchase price reported above is the weighted average price. The shares were purchased in multiple transactions at prices ranging from $3.025 to $3.91. The reporting person undertakes to provide Guerrilla RF, Inc., any security holder of Guerrilla RF, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within such range.