Lisa Wager - Mar 12, 2024 Form 4 Insider Report for Byrna Technologies Inc. (BYRN)

Role
Corporate Secretary, CGO
Signature
/s/ Lisa Klein Wager
Stock symbol
BYRN
Transactions as of
Mar 12, 2024
Transactions value $
-$93,520
Form type
4
Date filed
3/14/2024, 08:01 PM
Previous filing
Mar 8, 2024
Next filing
May 21, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BYRN Common Stock Options Exercise +50K +22.29% 274K Mar 12, 2024 Direct F1
transaction BYRN Common Stock Tax liability -$93.5K -8.1K -2.95% $11.55 266K Mar 12, 2024 Direct F2

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 Unit Options Exercise -50K -100% 0 Mar 12, 2024 Common Stock 50K Direct F1
* 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 the right to receive, at settlement, one share of common stock. The shares previously vested and were to be settled by March 15, 2024. This transaction represents the settlement of restricted stock units in shares of common stock following vesting.
F2 In accordance with the terms of the Company's Amended and Restated 2020 Incentive Equity Plan and the Restricted Stock Unit Award Agreement, the Reporting Owner transferred ownership of common shares of the Company's stock held in book entry to the Company to cover the Reporting Owner's withholding tax obligations arising from settlement of vested restricted stock units.