Pratt Ryan Michael 4

4 · Guerrilla RF, Inc. · Filed May 28, 2024

Insider Transaction Report

Form 4

Period: 2024-05-23

Guerrilla RF, Inc.GUER

Pratt Ryan Michael

DirectorChief Executive Officer

Transactions

Purchase
Common Stock
2024-05-24$3.52/sh+901$3,172→ 948,745 total
Purchase
Common Stock
2024-05-23$4.25/sh+59$251→ 791 total(indirect: By Spouse)
Purchase
Common Stock
2024-05-28$4.25/sh+100$425→ 948,845 total

Holdings

Common Stock
(indirect: By Trust)
63,022
Common Stock
(indirect: By Trust)
63,022
Stock Option
(indirect: By Spouse)
Exercise: $1.44Exp: 2026-10-26→ Common Stock (1,477 underlying)
1,477
Restricted Stock Unit
→ Common Stock (16,667 underlying)
16,667
Restricted Stock Unit
(indirect: By Spouse)
→ Common Stock (256 underlying)
256
Restricted Stock Unit
(indirect: By Spouse)
→ Common Stock (2,500 underlying)
2,500
Restricted Stock Unit
→ Common Stock (8,334 underlying)
8,334
Warrant
Exercise: $2.50From: 2024-09-28Exp: 2029-09-28→ Common Stock (33,822 underlying)
33,822
Common Stock
(indirect: By Trust)
63,022
Restricted Stock Unit
(indirect: By Spouse)
→ Common Stock (89 underlying)
89
Stock Option
(indirect: By Spouse)
Exercise: $1.92Exp: 2028-09-25→ Common Stock (640 underlying)
640
Stock Option
(indirect: By Spouse)
Exercise: $3.18Exp: 2030-10-30→ Common stock (1,329 underlying)
1,329
Restricted Stock Unit
→ Common Stock (35,377 underlying)
35,377
Restricted Stock Unit
→ Common Stock (1,389 underlying)
1,389
Stock Option
(indirect: By Spouse)
Exercise: $2.22Exp: 2029-09-11→ Common Stock (1,477 underlying)
1,477

Footnotes (14)

[F1]Shares held of record by the 2021 Irrevocable Trust for Patrick Joseph Pratt u/a dated June 7, 2021, for the benefit of Reporting Person's child. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities on this report shall not be deemed an admission that the Reporting Person is the beneficial owner of the reported securities for purposes of Section 16 of the Exchange Act or for any other purpose.
[F10]No expiration date.
[F11]The options are fully vested and exercisable.
[F12]The restricted stock units vest as follows: (i) 833 on 8/21/2024; (ii) 833 on 8/21/2025; and (iii) 834 on 8/21/2026, in each case subject to the Reporting Person's continued service through the applicable vesting date.
[F13]The restricted stock units vest as follows: (i) 11,792 on 1/1/2025; (ii) 11,792 on 1/1/2026; and (iii) 11,793 on 1/1/2027, in each case subject to the Reporting Person's continued service through the applicable vesting date.
[F14]The purchase price reported above is the weighted average price. The shares were purchased in multiple transactions at prices ranging from $3.025 to $3.91. The reporting person undertakes to provide Guerrilla RF, Inc., any security holder of Guerrilla RF, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within such range.
[F2]Shares held of record by the 2021 Irrevocable Trust for Rachel Katherin Pratt u/a dated June 7, 2021, for the benefit of Reporting Person's child. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities on this report shall not be deemed an admission that the Reporting Person is the beneficial owner of the reported securities for purposes of Section 16 of the Exchange Act or for any other purpose.
[F3]Shares held of record by the 2021 Irrevocable Trust for Nikolas Ryan Pratt u/a dated June 7, 2021, for the benefit of Reporting Person's child. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities on this report shall not be deemed an admission that the Reporting Person is the beneficial owner of the reported securities for purposes of Section 16 of the Exchange Act or for any other purpose.
[F4]Each restricted stock unit represents a contingent right to receive one share of common stock upon vesting of the unit.
[F5]The restricted stock units vest as follows: (i) 8,333 on 1/1/2025; and (ii) 8,334 on 1/1/2026, in each case subject to the Reporting Person's continued service through the applicable vesting date.
[F6]The restricted stock units vest on 5/4/2025, subject to the Reporting Person's continued service through the vesting date.
[F7]The restricted stock units vest on 2/21/2025, subject to the Reporting Person's continued service through the vesting date.
[F8]The restricted stock units vest on 1/1/2025, subject to the Reporting Person's continued service through the vesting date.
[F9]The restricted stock units vest on 1/1/2025, subject to the Reporting Person's continued service through the vesting date.

Documents

1 file

4
rdgdoc.xmlPrimary
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES