SEC Form 4 · accession 0001209191-19-007585
AIRGAIN INC · AIRG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
T J Chung
Director
Period of report
Feb 1, 2019
Accepted (ET)
Feb 5, 2019 · 8:15 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 StockF1,F2 | Feb 1, 2019 | A | 2,835 | $0.00 | A | 6,797 | D |
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)F3 | $10.75 | Feb 1, 2019 | A | 7,397 | A | — | Jan 31, 2029 | Common Stock | 7,397 | 7,397 | D |
Explanation of responses
- F1Each restricted stock unit (RSU) represents a contingent right to receive one share of the Issuer's common stock. The RSUs shall vest on February 1, 2020, subject to the Reporting Person's continued service with the Issuer through such vesting date.
- F2Includes (A) the 2,835 restricted stock units reported above and (B) an additional 3,962 restricted stock units previously issued to the Reporting Person by the Issuer, which vest in substantially equal installments on each of the November 5, 2019, 2020 and 2021, subject to the Reporting Person's continued service to the Issuer through each such vesting date
- F3The option is exercisable as it vests. 100% of the shares subject to the option vest on February 1, 2020, subject to the Reporting Person's continued service with the Issuer through such vesting date.