Susan T. Lokey - Aug 25, 2022 Form 3 Insider Report for AMMO, INC. (POWW)

Role: Other*
Signature: /s/ Susan T. Lokey
Stock symbol: POWW
Transactions as of: Aug 25, 2022
Transactions value $: $0
Form type: 3
Date filed: 9/1/2022, 03:14 PM

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	POWW	Common Stock, $0.001 par value						40K	Aug 25, 2022	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Susan T. Lokey (the "Reporting Person") has been nominated by Steven F. Urvan ("Mr. Urvan") for election to the Issuer's board of directors. The Reporting Person may be deemed to be a member of a Section 13(d) group with Mr. Urvan that collectively beneficially owns more than 10% of the Issuer's outstanding Common Stock. The Reporting Person disclaims beneficial ownership of the securities of the Issuer owned directly by the other member of the Section 13(d) group and this report shall not be deemed an admission that she is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.

Content

Susan T. Lokey (the "Reporting Person") has been nominated by Steven F. Urvan ("Mr. Urvan") for election to the Issuer's board of directors. The Reporting Person may be deemed to be a member of a Section 13(d) group with Mr. Urvan that collectively beneficially owns more than 10% of the Issuer's outstanding Common Stock. The Reporting Person disclaims beneficial ownership of the securities of the Issuer owned directly by the other member of the Section 13(d) group and this report shall not be deemed an admission that she is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.