Rajiv Srinivasan - 12 Oct 2023 Form 4 Insider Report for WRAP TECHNOLOGIES, INC. (WRAP)

Role
Director
Signature
/s/ Rajiv Srinivasan
Issuer symbol
WRAP
Transactions as of
12 Oct 2023
Transactions value $
$0
Form type
4
Filing time
19 Oct 2023, 18:21:55 UTC
Next filing
18 Jan 2024
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 options Award $0 +30K $0.00 30K 12 Oct 2023 Common Stock 30K $1.40 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents stock options issued in connection with the Reporting Person's appointment as a member of the Board of Directors of the Issuer. The stock options will vest (i) 50% on October 12, 2023, and (ii) the remaining 50% in four equal quarterly installments thereafter.