SEC Form 4 · accession 0001437749-18-006129

GIGA TRONICS INC · GIGA

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — Interim Chief Fin. Officer · Director

Period of report

Feb 23, 2018

Accepted (ET)

Apr 3, 2018 · 9:11 am EDT

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0000719274

Table I — non-derivative securities

No Table I lines on this filing.

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Restricted stock units^F1,F3,F6	—	Feb 23, 2018	D	75,000	D	—	—	Common Stock	75,000	0	D
Series E Senior Convertible Voting Perpetual Preferred Stock^F2,F6	—	Mar 26, 2018	A	1,200	A	Mar 26, 2018	—	Common Stock	120,000	1,200	D
Non-Qualified Stock Option^F5	$1.64	Mar 30, 2018	D	15,000	D	—	Dec 15, 2021	Common Stock	15,000	29,000	D
Non-Qualified Stock Option^F5	$1.53	Mar 30, 2018	D	18,000	D	—	Apr 24, 2023	Common Stock	18,000	11,000	D
Non-Qualified Stock Option^F5	$1.84	Mar 30, 2018	D	5,500	D	—	Feb 25, 2025	Common Stock	5,500	5,500	D
Non-Qualified Stock Option^F4	$0.33	Mar 30, 2018	A	400,000	A	Mar 30, 2019	Mar 30, 2028	Common Stock	400,000	405,500	D

F1Each restricted stock unit represents a contingent right to receive one share of Giga-tronics' common stock.
F2Each Series E Share is initially convertible 1 into 100 shares of the Company's common stock.
F3Each RSU represents a contingent right to receive one share of Giga-tronics' common stock.
F4Options vest on the following schedule: 25% of the Shares vest at the first anniversary of the Vesting Commencement Date and 1/48th of the Shares on each month thereafter.
F5Options vest on the following schedule: 20% of the Shares vest at the first anniversary from the date of grant and 20% of the Shares on each successive anniversary thereafter.
F6Not applicable.