Pete A. Smith - Sep 1, 2022 Form 4 Insider Report for AVIAT NETWORKS, INC. (AVNW)

Role
President and CEO
Signature
/s/ Chris Wong, Director of Accounting and POA
Stock symbol
AVNW
Transactions as of
Sep 1, 2022
Transactions value $
$0
Form type
4
Date filed
9/6/2022, 07:05 PM
Previous filing
Aug 31, 2022
Next filing
Jan 4, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AVNW Common Stock Award $0 +24.5K +19.64% $0.00 149K Sep 1, 2022 Direct F1
transaction AVNW Common Stock Award $0 +24.5K +16.41% $0.00 174K Sep 1, 2022 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction AVNW Non-Qualified Stock Option (right to buy) Award $0 +55.1K $0.00 55.1K Sep 1, 2022 Common Stock 55.1K $32.10 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This represents a Restricted Stock Unit (RSU) grant. The RSU shares shall vest on an annual basis ratably over 3 years from date of grant.
F2 This represents a grant of Performance Stock Units (PSUs). PSUs vest upon achievement of certain financial metrics and 3 years from the date of grant.
F3 This represents a Stock Option grant that vest on an annual basis ratably over 3 years from date of grant.