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

Signature
/s/ Scot Cohen
Issuer symbol
WRAP
Transactions as of
14 Jan 2024
Net transactions value
$0
Form type
4
Filing time
18 Jan 2024, 21:28:21 UTC
Previous filing
18 Jan 2024
Next filing
13 Feb 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WRAP Common Stock Award $0 +632,911 +12% $0.000000 6,122,345 14 Jan 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 +482,143 $0.000000 482,143 14 Jan 2024 Common Stock 482,143 $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.