113  0 Kommentare Airgain Reports Granting of Inducement Awards Under Nasdaq Listing Rule 5635(c)(4)

Airgain, Inc. (NASDAQ: AIRG), a leading provider of wireless connectivity solutions that creates and delivers products, including embedded components, external antennas, and integrated systems, across the globe, today announced that it has granted inducement awards to 2 new non-executive employees who recently joined the Company.

The awards were made on May 23, 2023 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 2 new employees consist of an aggregate of 4,528 restricted stock units (“RSUs”). The RSUs have a grant price equal to $5.74, the fair market value of Airgain common stock on the date of grant. The RSUs vest in four substantially equal installments on each of May 15, 2023, 2024, 2025, and 2026, subject to the employees’ continued services with the Company. 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).