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AIRGAIN INC — Director's Dealing 2016
Aug 12, 2016
34579_dirs_2016-08-11_5102a906-54c3-4195-806e-ad3798428331.zip
Director's Dealing
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SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: AIRGAIN INC (AIRG)
CIK: 0001272842
Period of Report: 2016-08-11
Reporting Person: Myers Charles A. (Director, President and CEO)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 260924 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Option (Right to Buy) | $2.00 | 2025-03-17 | Common Stock (80000) | Direct | |
| Stock Option (Right to Buy) | $2.00 | 2025-03-17 | Common Stock (25000) | Direct | |
| Stock Option (Right to Buy) | $1.90 | 2026-05-23 | Common Stock (26125) | Direct | |
| Stock Option (Right to Buy) | $1.90 | 2026-05-23 | Common Stock (26125) | Direct |
Footnotes
F1: The option is fully vested.
F2: The option is exercisable as it vests. 25% of the shares subject to the option vested on March 18, 2016, and 1/48th of the total number of shares subject to the option vest monthly thereafter, subject to the reporting person's continued service to the Issuer through each such vesting date. The option may accelerate under certain conditions pursuant to the reporting person's employment agreement.
F3: The option is exercisable as it vests. 25% of the shares subject to the option vest on May 24, 2017, and 1/48th of the total number of shares subject to the option vest monthly thereafter, subject to the reporting person's continued service to the Issuer through each such vesting date. The option may accelerate under certain conditions pursuant to the reporting person's employment agreement.
F4: The option is exercisable as it vests. 25% of the shares subject to the option vest on May 24, 2017, and 1/48th of the total number of shares subject to the option vest monthly thereafter, subject to the reporting person's continued service to the Issuer through each such vesting date. The number of shares eligible for vesting are conditioned upon the Issuer's achievement of certain financial milestones pursuant to the reporting person's option agreement with the Issuer. In addition, the option may accelerate under certain conditions pursuant to the reporting person's employment agreement and option agreement.