Airgain appoints Michael Elbaz as CFO, increases inducement plan shares to 700K

AIRGAIN INC

Michael Elbaz appointed CFO and Secretary, replacing Jacob Suen as principal financial and accounting officer.
Inducement plan shares increased from 300,000 to 700,000 for equity awards.
Elbaz receives base salary of $315,000, target bonus 60%, and sign-on bonus up to $220,000 in stock.
Equity grant: 86,978 stock options, 46,974 RSUs, and 17,448 target PSUs; all vest over 4 years.
Severance includes 12 months base salary plus prorated target bonus on termination without cause.

item 5.02

Executive movements

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Role change

Jacob Suen

Principal Financial and Accounting Officer

AIRG · AIRGAIN INC

Effective: 2022-10-17
Successor: Michael Elbaz
Filed: October 21, 2022, 7:59 PM ET

Upon his appointment, Mr. Elbaz will replace Jacob Suen, the Company’s President and CEO, as principal financial and accounting officer

Appointed

Michael Elbaz

Chief Financial Officer and Secretary

AIRG · AIRGAIN INC

Effective: 2022-10-17
Filed: October 21, 2022, 7:59 PM ET

Appointment of Chief Financial Officer Effective October 17, 2022, the board of directors of the Company appointed Michael Elbaz as the Company’s Chief Financial Officer and Secretary.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 1.0

Jacob Suen changed role as Principal Financial and Accounting Officer at AIRGAIN INC.

Role: Principal Financial and Accounting Officer

Exact text from the filing

Upon his appointment, Mr. Elbaz will replace Jacob Suen, the Company’s President and CEO, as principal financial and accounting officer

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 1.0

Michael Elbaz was appointed as Chief Financial Officer and Secretary at AIRGAIN INC.

Action: appointed
Role: Chief Financial Officer and Secretary

Exact text from the filing

Appointment of Chief Financial Officer Effective October 17, 2022, the board of directors of the Company appointed Michael Elbaz as the Company’s Chief Financial Officer and Secretary.

View on SEC.gov

AIRGAIN INC filing history →

Source: SEC EDGAR

accession 0000950170-22-019820

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