Wireless Telecom Group (WTT) director Millegan received 25,000 shares

Insider transactions reported

Michael Millegan (director at Wireless Telecom Group Inc., WTT) reported that they received 25,000 shares on Aug 2, 2021. After these transactions the filing shows 145,000 shares held directly.

Reporting person

Millegan Michael

Holdings before and after

• Common Stock, par value $0.01 per share: 120,000 to 145,000 direct

Footnotes from the filing

1. 1. Transaction represents grant of Restricted Stock Units ( RSUs ) under the 2021 Long-Term Incentive Plan in a transaction exempt under Rule 16b-3(d). On August 2, 2021 the Reporting Person was granted 25,000 RSUs which vest on August 1, 2022 (the Vesting Date ), provided that the Reporting Person's service as a director of the Company continues to such date. Vesting may occur earlier during the Reporting Person's period of service due to death or disability or the occurrence of a change in control. Each RSU represents the contingent right to receive, at settlement, one share of Wireless Telecom Group (WTT) Common Stock subject to vesting of said unit. Settlement will occur within 30 days of the earlier of three years from the grant date, the date of the Reporting Person's separation from service (assuming vesting) or a change in control (assuming vesting).
2. 2. Of the reported securities, 100,000 are represented by RSUs.

Transaction codes in this filing

Grant or award:

Code A marks a grant or award from the company under an exempt employee or director plan. Usually nothing is paid for it.

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