Tj Kennedy - 20 Apr 2023 Form 4 Insider Report for WRAP TECHNOLOGIES, INC. (WRAP)

Signature
/s/ Chris DeAlmeida, Attorney-in-Fact
Issuer symbol
WRAP
Transactions as of
20 Apr 2023
Net transactions value
-$65,795
Form type
4
Filing time
24 Apr 2023, 20:49:52 UTC
Previous filing
10 Mar 2023
Next filing
23 Sep 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WRAP Common Stock Tax liability $65,795 -56,394 -20% $1.17 232,430 20 Apr 2023 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Tj Kennedy is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 The shares were disposed to satisfy income tax withholding obligations relating to the vesting of previously reported restricted stock, and 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 $1.1599 to $1.1702. 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.