Glenn M. Hickman - Jul 1, 2022 Form 4 Insider Report for WRAP TECHNOLOGIES, INC. (WRAP)

Signature
/s/ James A. Barnes, Attorney-in-Fact
Stock symbol
WRAP
Transactions as of
Jul 1, 2022
Transactions value $
-$5,410
Form type
4
Date filed
7/6/2022, 08:00 PM
Previous filing
May 9, 2022
Next filing
Feb 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WRAP Common Stock Tax liability -$5.41K -2.95K -3.05% $1.83 93.6K Jul 1, 2022 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares were sold to satisfy income tax withholding obligations relating to the vesting of previously reported restricted stock units that vested on July 1, 2022. This sale is a result of the default provision under the Company's equity incentive plan and does not represent a discretionary trade by the Reporting Person.
F2 This transaction was executed in multiple sales at prices ranging from $1.80 to $1.88. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request to the SEC staff full information regarding the number of shares and prices at which the transaction was effected.