SEC Form 4 · accession 0001209191-18-018653
AIRGAIN INC · AIRG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Charles A. Myers
Officer — President and CEO · Director
Period of report
Mar 9, 2018
Accepted (ET)
Mar 9, 2018 · 7:59 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001272842
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Mar 9, 2018 | M | 18,229 | $2.00 | A | 18,229 | D | |
| Common Stock | Mar 9, 2018 | S | 18,229 | $9.00 | D | 0 | D | |
| Common StockF1 | holding | — | — | — | 195,924 | I | See Footnote |
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)F2 | $2.00 | Mar 9, 2018 | M | 18,229 | D | — | Mar 17, 2025 | Common Stock | 18,229 | 6,771 | D |
Explanation of responses
- F1The shares are held in a trust of which the Reporting Person is a trustee.
- F2The option is exercisable as it vests. 25% of the shares subject to the option vested on March 18, 2016, 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.