David North - 01 Dec 2023 Form 4 Insider Report for Byrna Technologies Inc. (BYRN)

Role: Chief Financial Officer
Signature: /s/ Lisa Klein Wager by Power of Attorney
Issuer symbol: BYRN
Transactions as of: 01 Dec 2023
Net transactions value: $0
Form type: 4
Filing time: 15 Dec 2023, 20:01:22 UTC
Previous filing: 23 Oct 2023
Next filing: 30 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	BYRN	Restricted Stock Units	Disposed to Issuer	$0	-25,000	-33%	$0.000000	50,000	01 Dec 2023	Common Stock	25,000		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 December 1, 2023 for any units to vest. On December 1, 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.

Content

Each restricted stock unit represents a contingent right to receive one share of the common stock of Byrna Technologies Inc. (the "Issuer")

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 December 1, 2023 for any units to vest. On December 1, 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.