| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | WRAP | Common Stock | Tax liability | -$23.5K | -13.3K | -15% | $1.76 | 75.5K | Jul 27, 2022 | Direct | F1, F2 |
| transaction | WRAP | Common Stock | Tax liability | -$5 | -3 | 0% | $1.77 | 75.5K | Jul 28, 2022 | Direct | F1 |
| holding | WRAP | Common Stock | 1.74M | Jul 27, 2022 | By family trust | ||||||
| holding | WRAP | Common Stock | 359K | Jul 27, 2022 | By Sunrise Capital, Inc. |
James A. Barnes is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.
| Id | Content |
|---|---|
| F1 | The shares were sold to satisfy income tax withholding obligations relating to the accelerated vesting of previously reported restricted stock units that vested on July 24, 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 $1.75 to $1.80. 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. |
This "Exit" Form 4 also notices that the Reporting Person is no longer serving as the Company's Chief Financial Officer, Secretary and Treasurer, effective July 25, 2022, and therefore is no longer subject to Section 16 reporting.