Bruce Bernstein - 21 Apr 2023 Form 4 Insider Report for WRAP TECHNOLOGIES, INC. (WRAP)

Role
Director
Signature
/s/ Chris DeAlmeida, Attorney-in-Fact
Issuer symbol
WRAP
Transactions as of
21 Apr 2023
Net transactions value
$0
Form type
4
Filing time
26 Apr 2023, 20:24:38 UTC
Previous filing
12 Apr 2023
Next filing
28 Apr 2023
SEC
View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction WRAP Stock Option (Right to Buy) Award +30,000 30,000 21 Apr 2023 Common Stock 30,000 $1.34 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 50% of the stock options shall vest on the one-year anniversary of the grant date, with the remainder vesting in four equal quarterly installments thereafter.
F2 Grant awarded in connection with the Reporting Person's appointment as a member of the Board of Directors of the Issuer.