Ali Sadri - Mar 15, 2025 Form 4 Insider Report for AIRGAIN INC (AIRG)

Signature
/s/ Michael Elbaz, as attorney-in-fact
Stock symbol
AIRG
Transactions as of
Mar 15, 2025
Transactions value $
-$37,836
Form type
4
Date filed
3/18/2025, 09:46 PM
Previous filing
Mar 19, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AIRG Common Stock Tax liability -$12.9K -2.96K -3.1% $4.36 92.5K Mar 15, 2025 Direct F1, F2
transaction AIRG Common Stock Tax liability -$12.9K -2.96K -3.2% $4.36 89.6K Mar 15, 2025 Direct F1, F2
transaction AIRG Common Stock Award $0 +6.71K +7.49% $0.00 96.3K Mar 15, 2025 Direct F2, F3
transaction AIRG Common Stock Tax liability -$12K -2.76K -2.86% $4.36 93.5K Mar 15, 2025 Direct F1, F2
transaction AIRG Common Stock Award $0 +11.1K +11.81% $0.00 105K Mar 15, 2025 Direct F2, F4
transaction AIRG Common Stock Award $0 +23.3K +22.29% $0.00 128K Mar 15, 2025 Direct F2, F5

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction AIRG Stock Option (Right to Buy) Award $0 +28.3K $0.00 28.3K Mar 15, 2025 Common Stock 28.3K $4.36 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 Includes Restricted Stock Units.
F3 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.
F4 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.
F5 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.
F6 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 may accelerate under certain conditions pursuant to the reporting person's employment agreement.