TJ Kennedy - Nov 14, 2022 Form 4 Insider Report for WRAP TECHNOLOGIES, INC. (WRAP)

Role
CHIEF EXECUTIVE OFFICER, Director
Signature
/s/ TJ Kennedy
Stock symbol
WRAP
Transactions as of
Nov 14, 2022
Transactions value $
$30,145
Form type
4
Date filed
11/16/2022, 06:26 PM
Previous filing
Apr 22, 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 Purchase $30.1K +16.2K +6.25% $1.86 275K Nov 14, 2022 Direct F1
transaction WRAP Common Stock Award +5.6K +2.03% 281K Nov 16, 2022 Direct F2
transaction WRAP Common Stock Award +1.54K +0.55% 283K Nov 16, 2022 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $1.85 to $1.88, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnotes (1) to this Form 4.
F2 Represents shares issued in connection with the Reporting Person's service on the Issuer's Board of Directors for the quarter ended March 31, 2022. The number of shares was calculated based on the amount due the Reporting Person at the end of the quarter, or $15,125, divided by the closing price of the Company's Common Stock on such date.
F3 Represents shares issued in connection with the Reporting Person's service on the Issuer's Board of Directors for the quarter ended June 30, 2022. The number of shares was calculated based on the amount due the Reporting Person at the end of the quarter, or $2,857, which reflects a prorated amount for partial quarter board service prior to becoming a named executive of the company, divided by the closing price of the Company's Common Stock on such date.