Sbahi Morad 4
4 · AIRGAIN INC · Filed Feb 23, 2021
Insider Transaction Report
Form 4
AIRGAIN INCAIRG
Sbahi Morad
SVP, Global Prod. & Marketing
Transactions
- Award
Common Stock
2021-02-19+8,000→ 13,000 total - Award
Stock Option (Right to Buy)
2021-02-19+20,000→ 20,000 totalExercise: $26.91Exp: 2031-02-18→ Common Stock (20,000 underlying)
Footnotes (3)
- [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 March 1, 2022; March 1, 2023; March 1, 2024; and March 1, 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]Includes 13,000 RSUs.
- [F3]The option is exercisable as it vests. 25% of the shares subject to the option vest on February 18, 2022, and 1/48th of the total number of shares subject to the option vest monthly thereafter, subject to the Reporting Person's continued employment or service with the Issuer through each such vesting date. The option may accelerate under certain conditions pursuant to the Reporting Person's employment agreement.