Airgain® Reports Granting of Inducement Awards Under Nasdaq Listing Rule 5635(c)(4)
Airgain (NASDAQ: AIRG), a provider of advanced wireless connectivity solutions for 5G technology, has announced the granting of inducement awards to a new employee.
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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
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.
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Airgain Investor Contact
Matt Glover
Gateway Group, Inc.
+1 (949) 574 3860
AIRG@gateway-grp.com
Source: Airgain, Inc.