Kevin W. Mullins - 19 Apr 2022 Form 4 Insider Report for WRAP TECHNOLOGIES, INC. (WRAP)

Role: PRESIDENT
Signature: /s/ Kevin W. Mullins
Issuer symbol: WRAP
Transactions as of: 19 Apr 2022
Net transactions value: $0
Form type: 4
Filing time: 22 Apr 2022, 06:00:17 UTC
Previous filing: 21 Apr 2022
Next filing: 16 Nov 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	WRAP	Common Stock	Award		+175,173			175,173	19 Apr 2022	Direct	F1, F2

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 Option (Right to Buy)	Award		+356,747			356,747	19 Apr 2022	Common Stock	356,747	$2.89	Direct	F1, F3

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

Explanation of Responses:

Id	Content
F1	Grant awarded as an inducement grant in connection with the Reporting Person's appointment as President of the Issuer.
F2	Represents grant of restricted stock units. Shares will be issued upon vesting, and shall vest in three equal annual installments beginning on April 18, 2023, subject to continued employment and accelerated vesting upon certain events.
F3	Stock options shall vest in three equal annual installments beginning on April 18, 2023, subject to continued service and accelerated vesting upon certain events.