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Airgain® Reports Granting of Inducement Awards Under Nasdaq Listing Rule 5635(c)(4)

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Airgain (NASDAQ: AIRG), a provider of advanced wireless connectivity solutions for 5G technology, has announced the granting of inducement awards to a new employee. The awards, granted on April 15, 2025, include 60,822 restricted stock units (RSUs) and 110,873 non-qualified options (NQs).

The RSUs will vest over four years in equal annual installments from 2026 to 2029. The NQs, with a 10-year term and exercise price of $3.79, will vest over four years, with 25% vesting on March 17, 2026, and the remainder vesting monthly over 36 months. These awards were approved under Airgain's 2021 Employment Inducement Incentive Award Plan and comply with Nasdaq Rule 5635(c)(4).

Airgain (NASDAQ: AIRG), fornitore di soluzioni avanzate di connettività wireless per la tecnologia 5G, ha annunciato la concessione di premi di incentivo a un nuovo dipendente. I premi, assegnati il 15 aprile 2025, comprendono 60.822 unità azionarie vincolate (RSU) e 110.873 opzioni non qualificate (NQ).

Le RSU matureranno in quattro anni con rate annuali uguali dal 2026 al 2029. Le NQ, con una durata di 10 anni e un prezzo di esercizio di 3,79 $, matureranno in quattro anni, con il 25% che matura il 17 marzo 2026 e il restante che matura mensilmente nei successivi 36 mesi. Questi premi sono stati approvati nell’ambito del Piano di Incentivi per l’Assunzione 2021 di Airgain e sono conformi alla Regola 5635(c)(4) del Nasdaq.

Airgain (NASDAQ: AIRG), proveedor de soluciones avanzadas de conectividad inalámbrica para la tecnología 5G, ha anunciado la concesión de premios de incentivo a un nuevo empleado. Los premios, otorgados el 15 de abril de 2025, incluyen 60,822 unidades de acciones restringidas (RSU) y 110,873 opciones no calificadas (NQ).

Las RSU se consolidarán durante cuatro años en cuotas anuales iguales desde 2026 hasta 2029. Las NQ, con un plazo de 10 años y un precio de ejercicio de $3.79, se consolidarán en cuatro años, con un 25% consolidado el 17 de marzo de 2026 y el resto consolidándose mensualmente durante 36 meses. Estos premios fueron aprobados bajo el Plan de Incentivos por Contratación de Empleados 2021 de Airgain y cumplen con la Regla 5635(c)(4) de Nasdaq.

Airgain (NASDAQ: AIRG)는 5G 기술을 위한 첨단 무선 연결 솔루션 제공업체로서, 신입 직원에게 유인 보상을 부여했다고 발표했습니다. 2025년 4월 15일에 부여된 이 보상에는 60,822개의 제한 주식 단위(RSU)110,873개의 비자격 옵션(NQ)이 포함됩니다.

RSU는 2026년부터 2029년까지 4년에 걸쳐 매년 동일한 비율로 권리가 확정됩니다. 10년 만기이며 행사가격이 $3.79인 NQ는 4년에 걸쳐 권리가 확정되며, 25%는 2026년 3월 17일에, 나머지는 36개월 동안 매월 권리가 확정됩니다. 이 보상은 Airgain의 2021년 고용 유인 인센티브 계획에 따라 승인되었으며 Nasdaq 규칙 5635(c)(4)를 준수합니다.

Airgain (NASDAQ : AIRG), fournisseur de solutions de connectivité sans fil avancées pour la technologie 5G, a annoncé l’attribution de primes d’incitation à un nouvel employé. Les primes, accordées le 15 avril 2025, comprennent 60 822 unités d’actions restreintes (RSU) et 110 873 options non qualifiées (NQ).

Les RSU seront acquises sur quatre ans par versements annuels égaux de 2026 à 2029. Les NQ, d’une durée de 10 ans et d’un prix d’exercice de 3,79 $, seront acquises sur quatre ans, avec 25 % acquis le 17 mars 2026 et le reste acquis mensuellement sur 36 mois. Ces primes ont été approuvées dans le cadre du Plan d’Incitation à l’Embauche 2021 d’Airgain et sont conformes à la règle Nasdaq 5635(c)(4).

Airgain (NASDAQ: AIRG), ein Anbieter fortschrittlicher drahtloser Konnektivitätslösungen für 5G-Technologie, hat die Gewährung von Anreizprämien an einen neuen Mitarbeiter bekannt gegeben. Die Prämien, die am 15. April 2025 gewährt wurden, umfassen 60.822 Restricted Stock Units (RSUs) und 110.873 nicht qualifizierte Optionen (NQs).

Die RSUs werden über vier Jahre in gleichen jährlichen Raten von 2026 bis 2029 unverfallbar. Die NQs mit einer Laufzeit von 10 Jahren und einem Ausübungspreis von 3,79 $ werden über vier Jahre unverfallbar, wobei 25 % am 17. März 2026 unverfallbar werden und der Rest monatlich über 36 Monate. Diese Prämien wurden im Rahmen des Airgain 2021 Employment Inducement Incentive Award Plans genehmigt und entsprechen der Nasdaq-Regel 5635(c)(4).

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SAN DIEGO--(BUSINESS WIRE)-- Airgain, Inc. (NASDAQ: AIRG), a leading provider of advanced wireless connectivity solutions that drive cutting-edge innovation in 5G technology, today announced that it has granted inducement awards to one new employee who recently joined the Company.

The awards were made on April 15, 2025, under Airgain’s 2021 Employment Inducement Incentive Award Plan, which provides for the granting of equity awards to new employees of Airgain as an inducement to join the company. The inducement awards to the new employee consist of an aggregate of 60,822 restricted stock units (“RSUs”) and 110,873 non-qualified options (“NQs”).

The RSUs shall vest over four years in substantially equal annual installments on May 15, 2026, 2027, 2028, and 2029, subject to the employee’s continued service with the Company through each applicable vesting date. The NQs have a 10-year term and an exercise price equal to $3.79, the fair market value of Airgain common stock on the date of grant. The NQs shall vest over four years, with 25% of the shares subject to the option vesting on the first anniversary of the vesting commencement date of March 17, 2025, and the remaining shares subject to the option vesting in 36 equal monthly installments thereafter, subject to the employee’s continued service to the Company through each applicable vesting date.

The awards were approved by the Compensation Committee of Airgain’s Board of Directors, as required by Nasdaq Rule 5635(c)(4), and were granted as an inducement material to the new employee entering into employment with Airgain in accordance with Nasdaq Rule 5635(c)(4). The awards were not individually negotiated.

About Airgain, Inc.

Headquartered in San Diego, California, Airgain, Inc. (NASDAQ: AIRG) is a leading provider of advanced wireless connectivity solutions that drive cutting-edge innovation in 5G technology. We are committed to delivering high-performance, cost-effective, and energy-efficient wireless solutions that enable rapid market deployment. Our mission is to connect the world through integrated, innovative, and optimized wireless solutions. Our diverse product portfolio serves three primary markets: enterprise, automotive, and consumer. For more information, visit airgain.com, or follow us on LinkedIn and X.

Airgain and the Airgain logo are trademarks, or registered trademarks of Airgain, Inc. All other trademarks are the property of their respective owner.

Airgain Investor Contact

Matt Glover

Gateway Group, Inc.

+1 (949) 574 3860

AIRG@gateway-grp.com

Source: Airgain, Inc.

FAQ

What are the details of Airgain's (AIRG) new employee stock awards granted on April 15, 2025?

The awards include 60,822 RSUs vesting annually over 4 years and 110,873 NQs with a $3.79 exercise price vesting over 4 years, with 25% vesting after year one and the rest monthly.

How will the RSUs vest in Airgain's (AIRG) latest employee inducement grant?

The RSUs will vest in four equal annual installments on May 15 of 2026, 2027, 2028, and 2029, subject to continued employment.

What is the exercise price and vesting schedule for AIRG's newly granted non-qualified options?

The NQs have an exercise price of $3.79, with 25% vesting on March 17, 2026, and the remaining vesting monthly over 36 months.

Under which plan were Airgain's (AIRG) new employee inducement awards granted?

The awards were granted under Airgain's 2021 Employment Inducement Incentive Award Plan in compliance with Nasdaq Rule 5635(c)(4).
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