SEC Form 4 · accession 0001209191-17-028526
AIRGAIN INC · AIRG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jacob Suen
Officer — Sr. VP, Worldwide Sales
Period of report
Apr 25, 2017
Accepted (ET)
Apr 27, 2017 · 8:15 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001272842
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F1 | $15.20 | Apr 25, 2017 | A | 25,000 | A | — | Apr 24, 2027 | Common Stock | 25,000 | 25,000 | D |
Explanation of responses
- F1The option is exercisable as it vests. 25% of the shares subject to the option vest on April 25, 2018, 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.