Luan Pham - 08 Dec 2022 Form 4 Insider Report for Byrna Technologies Inc. (BYRN)

Role: Chief Mktg and Rev Officer
Signature: /s/ Lisa Wager by Power of Attorney
Issuer symbol: BYRN
Transactions as of: 08 Dec 2022
Net transactions value: $0
Form type: 4
Filing time: 12 Dec 2022, 19:00:15 UTC
Previous filing: 11 Oct 2022
Next filing: 18 Jul 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	BYRN	Stock Option (right to buy)	Award	$0	+33,333		$0.000000	33,333	08 Dec 2022	Common Stock	33,333	$8.96	Direct	F1

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

Explanation of Responses:

Id	Content
F1	Twenty percent (20%) of the grant (the "Option Shares") will vest and become exercisable on 12/08/2023 (the "Year Anniversary"); another thirty percent (30%)the Option Shares will vest and become exercisable on 12/08/2024 (the "Two Year Anniversary"), and the balance of the Option Shares will vest and become exercisable 12/08/2025 (the "Three Year Anniversary"). The Option Shares were granted as incentive stock options (and, with respect to any portion of such award that would not qualify as an incentive stock option, a non-qualified stock option) pursuant and subject to Company's Amended and Restated 2020 Equity Incentive Plan (the "Plan").

Content

Twenty percent (20%) of the grant (the "Option Shares") will vest and become exercisable on 12/08/2023 (the "Year Anniversary"); another thirty percent (30%)the Option Shares will vest and become exercisable on 12/08/2024 (the "Two Year Anniversary"), and the balance of the Option Shares will vest and become exercisable 12/08/2025 (the "Three Year Anniversary"). The Option Shares were granted as incentive stock options (and, with respect to any portion of such award that would not qualify as an incentive stock option, a non-qualified stock option) pursuant and subject to Company's Amended and Restated 2020 Equity Incentive Plan (the "Plan").