Lisa Wager - Aug 31, 2023 Form 4 Insider Report for Byrna Technologies Inc. (BYRN)

Signature
/s/ Lisa Klein Wager
Stock symbol
BYRN
Transactions as of
Aug 31, 2023
Transactions value $
$0
Form type
4
Date filed
12/15/2023, 08:00 PM
Previous filing
Mar 25, 2022
Next filing
Jan 30, 2024

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 Restricted Stock Units Disposed to Issuer $0 -25K -33.33% $0.00 50K Aug 31, 2023 Common Stock 25K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of the common stock of Byrna Technologies Inc. (the "Issuer")
F2 The restricted stock units ("Units") consisted of 50,000 Units with no performance trigger and 25,000 Units with a $30 20-day VWAP performance trigger ("$30 Trigger"). The reporting person was required to remain in service to the Company through August 31, 2023 for any units to vest. On August 31, 2023, 50,000 of the restricted stock units vested, but have not yet been settled, and 25,000 of the restricted stock units were forfeited.