Mark Alan Mason - 08 Apr 2022 Form 4 Insider Report for Guerrilla RF, Inc. (GUER)

Signature
/s/ Mark Mason by Corey Martens, Attorney-in-Fact
Issuer symbol
GUER
Transactions as of
08 Apr 2022
Transactions value $
$0
Form type
4
Filing time
12 Apr 2022, 13:57:55 UTC
Previous filing
22 Nov 2021
Next filing
17 Nov 2022

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 GUER Restricted Stock Unit Award $0 +13K $0.00 13K 08 Apr 2022 Common Stock 13K Direct F1, F2
holding GUER Stock Option 148K 08 Apr 2022 Common Stock 148K $0.37 Direct F3
holding GUER Stock Option 10.6K 08 Apr 2022 Common Stock 10.6K $0.53 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents the contingent right to receive one share of common stock upon vesting of the unit.
F2 The restricted stock units vest as follows: (i) 4,333 on 2/21/2023; (ii) 4,333 on 2/21/2024; and (iii) 4,334 on 2/21/2025, in each case subject to the recipient's continued service through the applicable vesting date.
F3 73,854 of the shares subject to the option have vested, and the remaining shares vest in two equal installments on July 22, 2022 and July 22, 2023, subject to the Reporting Person's continued service as of each such vesting date.
F4 3,545 of the shares subject to the option are vested, and the remaining shares vest in two equal installments on July 22, 2022 and July 22, 2023, subject to the Reporting Person's continued service as of each such vesting date.