Airgain Reports Granting of Inducement Awards Under Nasdaq Listing Rule 5635(c)(4)
Airgain, Inc. (NASDAQ: AIRG), a provider of wireless connectivity solutions, has granted inducement awards to two new employees. The awards, made on October 16, 2024, under Airgain's 2021 Employment Inducement Incentive Award Plan, include 10,027 restricted stock units (RSUs) and 17,135 incentive stock options (ISOs).
The RSUs will vest over four years in equal annual installments, while the ISOs will vest over four years, with 25% vesting on the first anniversary of September 9, 2024, and the remaining shares vesting in 36 equal monthly installments. Both are subject to continued employment. The Compensation Committee of Airgain's Board of Directors approved these awards in compliance with Nasdaq Rule 5635(c)(4).
Airgain, Inc. (NASDAQ: AIRG), fornitore di soluzioni di connettività wireless, ha concesso premi di incentivazione a due nuovi dipendenti. I premi, effettuati il 16 ottobre 2024, nell'ambito del Piano di Premi di Incentivazione all'Impiego del 2021 di Airgain, includono 10.027 unità azionarie ristrette (RSU) e 17.135 opzioni su azioni incentivanti (ISO).
Le RSU si matureranno in quattro anni in rate annuali uguali, mentre le ISO si matureranno in quattro anni, con il 25% che matura al primo anniversario del 9 settembre 2024, e le azioni restanti che maturano in 36 rate mensili uguali. Entrambi sono soggetti a un'occupazione continuativa. Il Comitato Compensi del Consiglio di Amministrazione di Airgain ha approvato questi premi in conformità alla Regola 5635(c)(4) di Nasdaq.
Airgain, Inc. (NASDAQ: AIRG), proveedor de soluciones de conectividad inalámbrica, ha otorgado premios de incentivo a dos nuevos empleados. Los premios, otorgados el 16 de octubre de 2024, bajo el Plan de Incentivos para Empleo de 2021 de Airgain, incluyen 10,027 unidades de acciones restringidas (RSUs) y 17,135 opciones de acciones incentivadas (ISOs).
Las RSUs se consolidarán durante cuatro años en cuotas anuales iguales, mientras que las ISOs se consolidarán durante cuatro años, con el 25% consolidándose al primer aniversario del 9 de septiembre de 2024, y las acciones restantes consolidándose en 36 cuotas mensuales iguales. Ambos están sujetos a empleo continuo. El Comité de Compensación de la Junta Directiva de Airgain aprobó estos premios de acuerdo con la Regla 5635(c)(4) de Nasdaq.
Airgain, Inc. (NASDAQ: AIRG), 무선 연결 솔루션 제공업체는 두 명의 신입 직원에게 유인 보상을 부여했습니다. 이 보상은 2024년 10월 16일에 이루어졌으며, Airgain의 2021년 고용 유인 인센티브 상금 계획에 따라 10,027개의 제한 주식 단위(RSU)와 17,135개의 인센티브 주식 옵션(ISO)이 포함됩니다.
RSU는 4년 동안 균등한 연간 할부로 분배됩니다, 반면 ISO는 4년 동안 분배되며, 2024년 9월 9일 첫 번째 기념일에 25%가 분배되고 나머지 주식은 36차례의 균등한 월 할부로 분배됩니다. 두 가지 모두 계속 고용되는 것을 조건으로 합니다. Airgain 이사회 보상위원회는 Nasdaq 규칙 5635(c)(4)에 따라 이러한 보상을 승인했습니다.
Airgain, Inc. (NASDAQ: AIRG), fournisseur de solutions de connectivité sans fil, a accordé des primes d'incitation à deux nouveaux employés. Les primes, accordées le 16 octobre 2024, dans le cadre du Plan d'Incitation à l'Emploi 2021 d'Airgain, comprennent 10 027 unités d'actions restreintes (RSU) et 17 135 options d'actions incitatives (ISO).
Les RSU s'accrédiblent sur quatre ans en versements annuels égaux, tandis que les ISO s'accrédiblent sur quatre ans, avec 25 % qui s'accrédiblent au premier anniversaire du 9 septembre 2024, et les actions restantes s'accrédiblent en 36 versements mensuels égaux. Les deux sont soumis à une poursuite de l'emploi. Le Comité de Rémunération du Conseil d'Administration d'Airgain a approuvé ces primes conformément à la Règle 5635(c)(4) du Nasdaq.
Airgain, Inc. (NASDAQ: AIRG), Anbieter von drahtlosen Verbindungslösungen, hat Anreizprämien an zwei neue Mitarbeiter vergeben. Die Prämien, die am 16. Oktober 2024 im Rahmen des Anreizprogramms für Beschäftigung von Airgain aus dem Jahr 2021 gewährt wurden, umfassen 10.027 beschränkte Aktieneinheiten (RSUs) und 17.135 Anreizaktienoptionen (ISOs).
Die RSUs werden über vier Jahre gleichmäßig jährlich fällig, während die ISOs über vier Jahre fällig werden, wobei 25 % am ersten Jahrestag des 9. September 2024 fällig werden und die restlichen Aktien in 36 gleichmäßigen monatlichen Raten fällig werden. Beide sind an eine fortdauernde Beschäftigung gebunden. Der Vergütungsausschuss des Vorstands von Airgain genehmigte diese Prämien gemäß der Nasdaq-Regel 5635(c)(4).
- Airgain is attracting new talent with equity-based compensation
- The company has a structured employee incentive plan in place
- Long-term vesting schedule (4 years) encourages employee retention
- Potential dilution of existing shareholders due to new equity grants
The awards were made on October 16, 2024, 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 employees consist of an aggregate of 10,027 restricted stock units (“RSUs”) and 17,135 incentive stock options (“ISOs”).
The RSUs shall vest over four years in equal annual installments according to the Company’s RSU vesting schedule, subject to the employees’ continued services with the Company. The ISOs shall vest over four years, with
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 employees entering into employment with Airgain in accordance with Nasdaq Rule 5635(c)(4).
About Airgain, Inc.
Airgain is a premier provider of wireless connectivity solutions, offering a range of embedded components, external antennas, and integrated systems worldwide. We streamline wireless connectivity across devices and markets, with a focus on solving complex connectivity challenges, expediting time to market, and optimizing wireless signals. Our mission is to connect the world through optimized, integrated wireless solutions. Our product portfolio focuses on three key markets: enterprise, consumer, and automotive. Airgain is headquartered in
Airgain and the Airgain logo are trademarks, or registered trademarks of Airgain, Inc. All other trademarks are the property of their respective owner.
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Airgain Investor Contact
Matt Glover and Matt Szot
Gateway Group, Inc.
+1 (949) 574 3860
AIRG@gateway-grp.com
Source: Airgain, Inc.
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