Sbahi Morad 4
4 · AIRGAIN INC · Filed Nov 14, 2022
Insider Transaction Report
Form 4
AIRGAIN INCAIRG
Sbahi Morad
SVP, Global Prod. & Marketing
Transactions
- Award
Stock Option (Right to Buy)
2022-11-09+50,000→ 50,000 totalExercise: $7.06Exp: 2032-11-08→ Common Stock (50,000 underlying) - Award
Common Stock
2022-11-09+50,000→ 72,043 total
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 November 15, 2023; November 15, 2024; November 15, 2025; and November 15, 2026, 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 RSUs.
- [F3]The option is exercisable as it vests. 25% of the shares subject to the option vest on November 9, 2023, and 1/48th of the total number of shares subject to the option will 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.