Regazzi John R 4

Accession 0001437749-18-006127

CIK 0000719274other

View on SEC.gov Company Profile

Filed

Apr 2, 8:00 PM ET

Accepted

Apr 3, 9:08 AM ET

Size

24.5 KB

Accession

0001437749-18-006127

Insider Transaction Report

Form 4

Period: 2018-03-26

GIGA TRONICS INCGIGA

Regazzi John R

DirectorChief Executive Officer

Transactions

Disposition to Issuer
Non-Qualified Stock Option
2018-03-30−100,000→ 199,750 total
Exercise: $1.64Exp: 2021-12-15→ Common Stock (100,000 underlying)
Disposition to Issuer
Non-Qualified Stock Option
2018-03-30−99,750→ 100,000 total
Exercise: $1.42Exp: 2022-08-22→ Common Stock (99,750 underlying)
Award
Non-Qualified Stock Option
2018-03-30+100,000→ 100,000 total
Exercise: $0.33From: 2012-12-15Exp: 2021-12-15→ Common Stock (100,000 underlying)
Award
Non-Qualified Stock Option
2018-03-30+99,750→ 199,750 total
Exercise: $0.33From: 2013-08-22Exp: 2022-08-22→ Common Stock (99,750 underlying)
Award
Non-Qualified Stock Option
2018-03-30+100,000→ 299,750 total
Exercise: $0.33From: 2014-03-13Exp: 2023-03-13→ Common Stock (100,000 underlying)
Award
Option to acquire Common Stock
2018-03-30+100,000→ 399,750 total
Exercise: $0.33From: 2019-03-30Exp: 2028-03-30→ Common Stock (100,000 underlying)
Disposition to Issuer
Warrants
2018-03-26$0.13/sh−60,300$7,538→ 0 total
Exercise: $1.15From: 2016-01-29Exp: 2021-01-29→ Common Stock (60,300 underlying)
Award
Series E Senior Convertible Voting Perpetual Preferred Stock
2018-03-26$25.00/sh+2,000$50,000→ 2,000 total
From: 2018-03-26→ Common Stock (200,000 underlying)
Disposition to Issuer
Non-Qualified Stock Option
2018-03-30−100,000→ 0 total
Exercise: $1.65Exp: 2023-03-13→ Common Stock (100,000 underlying)
Award
Warrants
2018-03-26+60,300→ 60,300 total
Exercise: $0.25From: 2016-01-29Exp: 2021-01-29→ Common Stock (60,300 underlying)

Footnotes (9)

[F1]Each Series E Share is initially convertible 1 into 100 shares of the Company's common stock.
[F2]Existing options for 299,750 shares of common stock were amended to reduce the exercise price.
[F3]Options vest on the following schedule: 25% of the Shares vest at the first anniversary of the Vesting Commencement Date and 1/48th of the Shares on each month thereafter.
[F4]Options vest on the following schedule: 20% of the Shares vest at the first anniversary from the date of grant and 20% of the Shares on each successive anniversary thereafter.
[F5]Original date of grant is 12/15/2011.
[F6]Original date of grant is 8/22/2012.
[F7]Original date of grant is 3/13/2013.
[F8]Original date of issuance is 1/29/2016. Warrant is exercisable, in whole or in part by the Holder at any time but no later than the Expiration Date. Warrant transactions represent a repricing pursuant to negotiations with unrelated third party investors.
[F9]Not applicable.

Documents

1 file

4
rdgdoc.xmlPrimary
FORM 4

Issuer

GIGA TRONICS INC

CIK 0000719274

→

Entity typeother

Related Parties

filerCIK 0001338364

Filing Metadata

Form type: 4
Filed: Apr 2, 8:00 PM ET
Accepted: Apr 3, 9:08 AM ET
Size: 24.5 KB

View on SEC.gov