Elwood Norris - Sep 29, 2021 Form 4 Insider Report for WRAP TECHNOLOGIES, INC. (WRAP)

Role
10%+ Owner
Signature
/s/ James A. Barnes, Attorney-in-Fact
Stock symbol
WRAP
Transactions as of
Sep 29, 2021
Transactions value $
$225,000
Form type
4
Date filed
9/30/2021, 01:56 PM
Next filing
Apr 25, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WRAP Common Stock Options Exercise $225K +150K +17.63% $1.50 1M Sep 29, 2021 Direct
holding WRAP Common Stock 5.45M Sep 29, 2021 By Family Trust

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 WRAP Stock Options Options Exercise $0 -150K -100% $0.00* 0 Sep 29, 2021 Common Stock 150K $1.50 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 50% of the Stock Options vested immediately, with the remainder vesting on the one-year anniversary of the grant date on 05/23/2019.