Michael Millegan - Aug 2, 2021 Form 4 Insider Report for WIRELESS TELECOM GROUP INC (WTT)

Role: Director
Signature: /s/ Michael Kandell
Stock symbol: WTT
Transactions as of: Aug 2, 2021
Transactions value $: $0
Form type: 4
Date filed: 8/3/2021, 09:47 PM
Previous filing: Jul 19, 2021
Next filing: Oct 19, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	WTT	Common Stock, par value $0.01 per share	Award	$0	+25K	+20.83%	$0.00	145K	Aug 2, 2021	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Transaction represents grant of Restricted Stock Units ("RSUs") under the 2021 Long-Term Incentive Plan in a transaction exempt under Rule 16b-3(d). On August 2, 2021 the Reporting Person was granted 25,000 RSUs which vest on August 1, 2022 (the "Vesting Date"), provided that the Reporting Person's service as a director of the Company continues to such date. Vesting may occur earlier during the Reporting Person's period of service due to death or disability or the occurrence of a change in control. Each RSU represents the contingent right to receive, at settlement, one share of Wireless Telecom Group (WTT) Common Stock subject to vesting of said unit. Settlement will occur within 30 days of the earlier of three years from the grant date, the date of the Reporting Person's separation from service (assuming vesting) or a change in control (assuming vesting).
F2	Of the reported securities, 100,000 are represented by RSUs.

Content

Transaction represents grant of Restricted Stock Units ("RSUs") under the 2021 Long-Term Incentive Plan in a transaction exempt under Rule 16b-3(d). On August 2, 2021 the Reporting Person was granted 25,000 RSUs which vest on August 1, 2022 (the "Vesting Date"), provided that the Reporting Person's service as a director of the Company continues to such date. Vesting may occur earlier during the Reporting Person's period of service due to death or disability or the occurrence of a change in control. Each RSU represents the contingent right to receive, at settlement, one share of Wireless Telecom Group (WTT) Common Stock subject to vesting of said unit. Settlement will occur within 30 days of the earlier of three years from the grant date, the date of the Reporting Person's separation from service (assuming vesting) or a change in control (assuming vesting).

Of the reported securities, 100,000 are represented by RSUs.