Michael Wager - Jun 28, 2021 Form 3/A - Amendment Insider Report for Byrna Technologies Inc. (BYRN)

Role: Chief Strategy Officer
Signature: /s/ Lisa Wager, by Power of Attorney
Stock symbol: BYRN
Transactions as of: Jun 28, 2021
Transactions value $: $0
Form type: 3/A - Amendment
Date filed: 3/4/2022, 10:51 AM
Date Of Original Report: Aug 4, 2021
Next filing: Aug 4, 2021

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
holding	BYRN	Stock Options (right to buy)							Jun 28, 2021	Common Stock	5.53K	$15.00	Direct	F1, F2

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

Explanation of Responses:

Id	Content
F1	Options to purchase 83,000 shares of common stock were granted on 10/30/2020, which converted to Options to purchase 8,300 shares of common stock on 4/27/2021 when the Issuer effected a 10-for-1 reverse stock split. The Options were scheduled to vest monthly in 12 equal increments over one year in exchange for certain consulting services, subject to Wager continuing to provide such services to the Issuer through each such vesting date. Subsequently, Wager discontinued such services, and 2,767 of the 8,300 options were forfeited based on the vesting terms, with 5,533 vested options remaining.
F2	The original form 3 has been amended to correct the number of options forfeited and remaining upon Wager's discontinuation of consulting services. All vested options are exercisable.

Content

Options to purchase 83,000 shares of common stock were granted on 10/30/2020, which converted to Options to purchase 8,300 shares of common stock on 4/27/2021 when the Issuer effected a 10-for-1 reverse stock split. The Options were scheduled to vest monthly in 12 equal increments over one year in exchange for certain consulting services, subject to Wager continuing to provide such services to the Issuer through each such vesting date. Subsequently, Wager discontinued such services, and 2,767 of the 8,300 options were forfeited based on the vesting terms, with 5,533 vested options remaining.

The original form 3 has been amended to correct the number of options forfeited and remaining upon Wager's discontinuation of consulting services. All vested options are exercisable.