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

Role
Chief Financial Officer
Signature
/s/ Lisa Klein Wager by Power of Attorney
Stock symbol
BYRN
Transactions as of
Mar 12, 2024
Transactions value $
-$87,653
Form type
4
Date filed
3/14/2024, 08:02 PM
Previous filing
Jan 30, 2024
Next filing
Apr 29, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BYRN Common Stock Options Exercise +50K +217.5% 73K Mar 12, 2024 Direct F1
transaction BYRN Common Stock Tax liability -$87.7K -7.59K -10.4% $11.55 65.4K 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 forfeited his rights to 7,589 shares of common stock that otherwise was due to him as part of the RSU settlement to cover the Reporting Owner's withholding tax obligations arising from settlement of vested restricted stock units.