Glenn M. Hickman - Jul 1, 2021 Form 3 Insider Report for WRAP TECHNOLOGIES, INC. (WRAP)

Signature
/s/ James A. Barnes, Attorney-in-Fact
Stock symbol
WRAP
Transactions as of
Jul 1, 2021
Transactions value $
$0
Form type
3
Date filed
7/8/2021, 04:30 PM
Next filing
Dec 6, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding WRAP Common Stock 30K Jul 1, 2021 Direct F1

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
holding WRAP Stock Options Jul 1, 2021 Common Stock 70K $5.50 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents restricted stock units ("RSUs"). RSUs will be issued upon vesting, and shall vest one third on July 1, 2022, with the balance vesting ratably every six months over the next two years thereafter.
F2 One third of the stock options shall vest on July 1, 2022, with the balance vesting ratably each month beginning August 1, 2022 over the next two years thereafter.