Michael Elbaz - Mar 15, 2025 Form 4 Insider Report for AIRGAIN INC (AIRG)

Role
Chief Financial Officer
Signature
/s/ Michael Elbaz
Stock symbol
AIRG
Transactions as of
Mar 15, 2025
Transactions value $
-$32,639
Form type
4
Date filed
3/18/2025, 09:49 PM
Previous filing
Nov 19, 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AIRG Common Stock Tax liability -$7.58K -1.74K -1.69% $4.36 101K Mar 15, 2025 Direct F1, F2
transaction AIRG Common Stock Tax liability -$13.4K -3.08K -3.04% $4.36 98K Mar 15, 2025 Direct F1, F2
transaction AIRG Common Stock Award $0 +6.5K +6.64% $0.00 104K Mar 15, 2025 Direct F2, F3
transaction AIRG Common Stock Tax liability -$11.6K -2.67K -2.56% $4.36 102K Mar 15, 2025 Direct F1, F2
transaction AIRG Common Stock Award $0 +10.7K +10.52% $0.00 113K Mar 15, 2025 Direct F2, F4
transaction AIRG Common Stock Award $0 +24.3K +21.58% $0.00 137K 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 +29.5K $0.00 29.5K Mar 15, 2025 Common Stock 29.5K $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 will be subject to acceleration as provided in the reporting person's employment agreement.