AIRGAIN INC — Director's Dealing 2022

Feb 4, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AIRGAIN INC (AIRG)
CIK: 0001272842
Period of Report: 2022-02-01

Reporting Person: SIMS JAMES K (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-02-01	Common Stock	A	4408	$0.00	Acquired	301807	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-02-01	Stock Option (Right to Buy)	$9.46	A	8364	Acquired	2032-01-31	Common Stock (8364)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	7534	Indirect

Footnotes

F1: Represents restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of the Issuer's common stock. 100% of the RSUs vest on February 1, 2023, subject to the Reporting Person's continued service to the Issuer through each such vesting date.

F2: Includes RSUs.

F3: Represents 7,529 shares of common stock held by GEN3 Capital I, LP ("GEN3 Capital") and 5 shares of common stock held by Gen 3 Partners, Inc. ("Gen 3 Partners").

F4: The general partner of GEN3 Capital is GEN3 Capital Partners, LLC ("GEN3 LLC") and James K. Sims is the Managing Member of GEN3 LLC. As a result, each of GEN3 LLC and Mr. Sims may be deemed to share beneficial ownership of the shares of common stock held by GEN3 Capital. Mr. Sims may be deemed to share beneficial ownership of the shares held by Gen 3 Partners in his capacity as a director of Gen 3 Partners. Mr. Sims disclaims such beneficial ownership to the extent of his pecuniary interest therein.

F5: The option is exercisable as it vests. 100% of the shares subject to the option vest on February 1, 2023, subject to the Reporting Person's continued service with the Issuer through such vesting date.