Christopher James DeAlmeida - Jul 26, 2023 Form 4 Insider Report for WRAP TECHNOLOGIES, INC. (WRAP)

Role: CHIEF FINANCIAL OFFICER
Signature: /s/ Chris DeAlmeida
Stock symbol: WRAP
Transactions as of: Jul 26, 2023
Transactions value $: -$19,219
Form type: 4
Date filed: 7/28/2023, 04:10 PM
Previous filing: May 30, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	WRAP	Common Stock	Tax liability	-$19.2K	-10.4K	-6.21%	$1.85	157K	Jul 26, 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. 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	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.85 to $1.87, 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 sold at each separate price within the range set forth in this footnote 1 to this Form 4.

Content

The shares were sold to satisfy income tax withholding obligations relating to the vesting of previously reported restricted stock units. 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.

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.85 to $1.87, 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 sold at each separate price within the range set forth in this footnote 1 to this Form 4.