Kevin Charles Sherman - Mar 6, 2023 Form 4 Insider Report for WRAP TECHNOLOGIES, INC. (WRAP)

Role: Director
Signature: /s/ Chris DeAlmeida, Attorney-in-Fact
Stock symbol: WRAP
Transactions as of: Mar 6, 2023
Transactions value $: $0
Form type: 4
Date filed: 3/8/2023, 05:22 PM
Previous filing: Nov 18, 2022
Next filing: Apr 5, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	WRAP	Common Stock	Award		+8.95K	+25.4%		44.2K	Mar 6, 2023	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents shares of Restricted Stock (the "Shares") issued in connection with the Reporting Person's service on the Issuer's Board of Directors for the quarter ended December 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. 50% of the Shares were vested as of the date of the grant, with the remainder vesting ratably in five monthly tranches beginning April 1, 2023.

Content

Represents shares of Restricted Stock (the "Shares") issued in connection with the Reporting Person's service on the Issuer's Board of Directors for the quarter ended December 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. 50% of the Shares were vested as of the date of the grant, with the remainder vesting ratably in five monthly tranches beginning April 1, 2023.