Scot Cohen - Jan 14, 2024 Form 4 Insider Report for WRAP TECHNOLOGIES, INC. (WRAP)

Role
Executive Chairman and CEO, Director, 10%+ Owner
Signature
/s/ Scot Cohen
Stock symbol
WRAP
Transactions as of
Jan 14, 2024
Transactions value $
$0
Form type
4
Date filed
1/18/2024, 09:28 PM
Previous 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 +633K +11.53% $0.00 6.12M Jan 14, 2024 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 +482K $0.00 482K Jan 14, 2024 Common Stock 482K $1.40 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 shares of common stock, par value $0.0001 per share, of the Issuer.
F2 The stock options will vest in four substantially equal installments at the end of each of the Issuer's fiscal years beginning on December 31, 2024 and ending on December 31, 2027, provided the Reporting Person is employed by or providing services to the Issuer or an affiliate on the applicable vesting date.