Home/Filings/4/0000950170-25-041724
4//SEC Filing

SUEN JACOB 4

Accession 0000950170-25-041724

CIK 0001272842other

Filed

Mar 17, 8:00 PM ET

Accepted

Mar 18, 9:49 PM ET

Size

21.6 KB

Accession

0000950170-25-041724

Insider Transaction Report

Form 4
Period: 2025-03-14
SUEN JACOB
DirectorPresident and CEO
Transactions
  • Award

    Common Stock

    2025-03-15+58,290305,546 total
  • Award

    Stock Option (Right to Buy)

    2025-03-15+70,79970,799 total
    Exercise: $4.36Exp: 2035-03-14Common Stock (70,799 underlying)
  • Award

    Common Stock

    2025-03-15+15,481230,261 total
  • Tax Payment

    Common Stock

    2025-03-15$4.36/sh9,500$41,420214,780 total
  • Award

    Common Stock

    2025-03-15+25,501247,256 total
  • Exercise/Conversion

    Stock Option (Right to Buy)

    2025-03-145,0006,982 total
    Exercise: $2.00Exp: 2025-03-17Common Stock (5,000 underlying)
  • Exercise/Conversion

    Common Stock

    2025-03-14$2.00/sh+5,000$10,000234,999 total
  • Sale

    Common Stock

    2025-03-14$4.43/sh5,000$22,159229,999 total
  • Tax Payment

    Common Stock

    2025-03-15$4.36/sh5,719$24,935224,280 total
  • Tax Payment

    Common Stock

    2025-03-15$4.36/sh8,506$37,086221,755 total
Footnotes (9)
  • [F1]This Form 4 reports the exercise of employee stock options by the reporting person that were granted approximately 10 years ago and that would otherwise expire in March 2025 if not exercised during the issuer's current trading window for insiders
  • [F2]Includes Restricted Stock Units.
  • [F3]The reporting person received the stock options on March 18, 2015 pursuant to an award under the 2013 Equity Incentive Plan. The shares subject to the option are fully vested and exercisable.
  • [F4]Represents restricted stock units surrendered via a net settlement to satisfy tax withholding and remittance obligations in connection with the vesting of restricted stock units.
  • [F5]Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $4.35 to $4.52. The Reporting Person has provided to the issuer, and will provide to any security holder of the issuer or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.
  • [F6]Represents restricted stock units. Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock. The restricted stock units are fully vested.
  • [F7]Represents restricted stock units. Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock. The restricted stock units shall vest in substantially equal installments on each of the March 15, 2026; March 15, 2027; March 15, 2028; and March 15, 2029, subject to the reporting person's continued service to the Issuer through each such vesting date. The restricted stock units will be subject to acceleration as provided in the reporting person's employment agreement.
  • [F8]The option is exercisable as it vests. 25% of the shares subject to the option vest on March 15, 2026, 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 will be subject to acceleration as provided in the reporting person's employment agreement.
  • [F9]Represents restricted stock units. Each restricted stock unit represents a contingent right to receive one share of the issuer's common stock. The restricted stock units shall vest on January 15, 2026, subject to the reporting person's continued service to the issuer through each such vesting date. The restricted stock units will be subject to acceleration as provided in the reporting person's employment agreement.

Documents

1 file

Issuer

AIRGAIN INC

CIK 0001272842

Entity typeother

Related Parties

1
  • filerCIK 0001705078

Filing Metadata

Form type
4
Filed
Mar 17, 8:00 PM ET
Accepted
Mar 18, 9:49 PM ET
Size
21.6 KB