Glenn M. Hickman - Jan 3, 2023 Form 4 Insider Report for WRAP TECHNOLOGIES, INC. (WRAP)

Role
CHIEF OPERATING OFFICER
Signature
/s/ Glenn Hickman
Stock symbol
WRAP
Transactions as of
Jan 3, 2023
Transactions value $
-$2,879
Form type
4
Date filed
2/3/2023, 02:19 PM
Previous filing
Jul 6, 2022
Next filing
Mar 9, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WRAP Common Stock Tax liability -$2.88K -1.69K -1.81% $1.70 91.9K Jan 3, 2023 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 January 1, 2023. 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 $1.66 to $1.75. The price reported above reflects the weighted average 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.