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AIRGAIN INC — Director's Dealing 2022
Feb 4, 2022
34579_dirs_2022-02-03_76b09f7b-cad9-4522-9899-71297469f322.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: 2022-01-24
Reporting Person: Sadri Ali (Chief Technology Officer)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 12000 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Option (Right to Buy) | $20.62 | 2031-06-29 | Common Stock (20000) | Direct |
Footnotes
F1: Represents restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of the Issuer's common stock. The RSUs shall vest in substantially equal installments on each of the May 15, 2022, May 15, 2023, May 15, 2024 and May 15, 2025, subject to the Reporting Person's continued service to the Issuer through each such vesting date. The RSUs may accelerate under certain conditions pursuant to the reporting person's employment agreement.
F2: The option is exercisable as it vests. 25% of the shares subject to the option vests on May 3, 2022, 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.