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AVIAT NETWORKS, INC. Director's Dealing 2021

Jan 21, 2021

33353_dirs_2021-01-21_cbb8e337-f24f-4438-b40a-04693b3b4bb8.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AVIAT NETWORKS, INC. (AVNW)
CIK: 0001377789
Period of Report: 2021-01-20

Reporting Person: SMITH PETE A (President and CEO)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2021-01-20 Performance-Based Shares $0.0 A 15000 Acquired 2022-12-31 Common Stock (15000.0) Direct
2021-01-20 Performance-Based Shares $0.0 A 21000 Acquired 2023-12-31 Common Stock (21000.0) Direct

Footnotes

F1: Performance measure - closing stock price is greater than or equal to $50.00 per share for three consecutive days by December 31, 2022. Once performance measure is achieved the award will be vested on December 31, 2022.

F2: Performance measure - closing stock price is greater than or equal to $60.00 per share for three consecutive days by December 31, 2023. Once performance measure is achieved the award will be vested on December 31, 2023.