Luan Pham - Apr 29, 2024 Form 4 Insider Report for Byrna Technologies Inc. (BYRN)

Signature
/s/ Lisa Klein Wager by Power of Attorney
Stock symbol
BYRN
Transactions as of
Apr 29, 2024
Transactions value $
-$14,777
Form type
4
Date filed
4/29/2024, 09:25 PM
Previous 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 +5K +10.26% 53.7K Apr 29, 2024 Direct F1, F3
transaction BYRN Common Stock Tax liability -$14.8K -1.08K -2.01% $13.67 52.6K Apr 29, 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 -5K -100% 0 Apr 29, 2024 Restricted Stock Unit 5K Direct F1, F3
* 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 5,000 restricted stock units in shares of common stock upon 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 1,081 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. There was no market transaction in connection with this forfeiture. Reporting owner was issued the net number of shares (3,158) reflecting the 5,000 rsus settlement net of the 1,081 shares withhdeld for taxes calculated at the prior trading day's closing price of $13.67.
F3 These restricted stock units vested on 4/18/24 and were settled on 4/29/24.