Key facts
- This page summarizes James A. Barnes's Form 4 filing for WRAP TECHNOLOGIES, INC. (WRAP).
- 2 reported transactions and 0 derivative rows are listed below.
- Accepted by SEC: 29 Jul 2022, 13:54.
James A. Barnes - 27 Jul 2022 Form 4 Insider Report for WRAP TECHNOLOGIES, INC. (WRAP)
- Reporting relationship
- FORMER OFFICER
- Issuer ticker
- WRAP
- Reported as of
- 27 Jul 2022
- Net transaction value
- -$23,480
- SEC form
- 4
- Accepted by SEC
- 29 Jul 2022, 13:54:17 UTC
- Prior SEC filing
- 03 Mar 2022
- Source filing
- View source filing
- Reporting owner signature
- /s/ James A. Barnes
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
James A. Barnes filed Form 4 for WRAP TECHNOLOGIES, INC. (WRAP) on 29 Jul 2022.
Change
- Previous filing in this sequence was filed on 03 Mar 2022.
- Current net transaction value: -$23,480.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
WRAP
transaction
Common Stock
Tax liability
- Transaction value
- $23,475
- Shares
- -13,323
- Change %
- -15%
- Price
- $1.76
- Shares after
- 75,496
- Date
- 27 Jul 2022
- Ownership
- Direct
- Footnotes
- F1, F2
WRAP
transaction
Common Stock
Tax liability
- Transaction value
- $5.31
- Shares
- -3
- Change %
- -0%
- Price
- $1.77
- Shares after
- 75,493
- Date
- 28 Jul 2022
- Ownership
- Direct
- Footnotes
- F1
WRAP
holding
Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 1,742,741
- Date
- 27 Jul 2022
- Ownership
- By family trust
WRAP
holding
Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 358,959
- Date
- 27 Jul 2022
- Ownership
- By Sunrise Capital, Inc.
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Section 16 status
James A. Barnes is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.
Explanation of responses 2 footnotes
Footnote 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.
Footnote 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.
SEC remarks
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.