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

Role
President and CEO, Director
Signature
/s/ Lisa Klein Wager by Power of Attorney
Stock symbol
BYRN
Transactions as of
Mar 12, 2024
Transactions value $
-$459,020
Form type
4
Date filed
3/14/2024, 08:04 PM
Previous filing
Dec 15, 2023
Next filing
Sep 6, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BYRN Common Stock Options Exercise +300K +48.38% 920K Mar 12, 2024 Direct F1
transaction BYRN Common Stock Tax liability -$253K -21.9K -2.38% $11.55 898K Mar 12, 2024 Direct F2
transaction BYRN Common Stock Tax liability -$206K -17.8K -1.99% $11.55 880K Mar 12, 2024 Direct F2
holding BYRN Common Stock 478K Mar 12, 2024 By Northeast Industrial Partners LLC F3
holding BYRN Common Stock 3.8K Mar 12, 2024 By Li Zhang F4
holding BYRN Common Stock 70.8K Mar 12, 2024 By the Judith L. Ganz Trust VA 04-23-2015 F3

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 -300K -100% 0 Mar 12, 2024 Common Stock 300K Direct F1, F5
* 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. 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 21,905 unencumbered shares of the Company's common stock to the issuer and forfeited 17,837 shares from the RSU settlement , to cover withholding tax arising from settlement of vested restricted stock units.
F3 The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.
F4 Ms. Zhang is married to the reporting person. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.
F5 The Restricted Stock Units vested previously and were to be settled no later than March 15, 2024.