Bruce Bernstein - Dec 22, 2023 Form 4 Insider Report for WRAP TECHNOLOGIES, INC. (WRAP)

Role
Director
Signature
/s/ Chris DeAlmeida, Attorney-in-Fact
Stock symbol
WRAP
Transactions as of
Dec 22, 2023
Transactions value $
$0
Form type
4
Date filed
1/8/2024, 09:57 PM
Previous filing
Dec 26, 2023
Next filing
Jan 18, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WRAP Common Stock Award $0 +50K +273.73% $0.00 68.3K Dec 22, 2023 Direct F1

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 Option (Right to Buy) Award $0 +100K $0.00 100K Dec 22, 2023 Common Stock 100K $2.43 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a grant of Restricted Stock Units (the "RSUs"). The RUSs will vest in three substantially equal installments at the end of each of the Issuer's fiscal years beginning on December 31, 2024 and ending on December 31, 2026, provided the Reporting Person is employed by or providing services to the Company or an affiliate on the applicable vesting date.
F2 The stock options vested 100% on the date of grant.