Guerrilla RF grants director options on 14K shares
Guerrilla RF, Inc. (GUER) reported that director Virginia R. Summerell received a stock option grant for 14,164 shares of common stock at an exercise price of $6.00 per share, expiring August 14, 2036.
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Rhea-AI Filing Summary
Guerrilla RF, Inc. (GUER) reported that director Virginia R. Summerell received a stock option grant for 14,164 shares of common stock at an exercise price of $6.00 per share, expiring August 14, 2036. The option is immediately exercisable but is subject to a right of repurchase by the company for shares issued upon exercise before vesting. It vests on the earlier of the first anniversary of the grant date or the company’s next annual meeting of stockholders, currently expected to be June 9, 2027, contingent on continued service. Summerell also holds options covering 15,625 shares at an exercise price of $3.05 and directly holds 26,811 shares of common stock following the reported transactions.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option F1 | 14,164 | $0.00 | $0.00 |
| holding | Stock Option | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- F1. The option is immediately exercisable, subject to a right of repurchase in favor of the Issuer with respect to shares issued to the Reporting Person upon exercise of the option prior to vesting. The option vests on the earlier of (i) the first anniversary of the grant date and (ii) the date of the Issuer's next annual meeting of stockholders (currently expected to be June 9, 2027), subject to the Reporting Person's continued service through such vesting date.
Key Figures
Key Terms
right of repurchase financial
vests financial
annual meeting of stockholders financial
exercise price financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did GUER report for Virginia R. Summerell?
What are the vesting terms of Virginia R. Summerell’s new GUER stock options?
What does the right of repurchase mean for the new GUER options?
What GUER equity holdings does Virginia R. Summerell have after this Form 4?
What other stock options does Virginia R. Summerell hold in GUER?
AI-generated analysis. How Rhea-AI works. Not financial advice.