Herbert Hughes - Jul 19, 2024 Form 4 Insider Report for Byrna Technologies Inc. (BYRN)

Role
Director
Signature
/s/ Lisa Klein Wager *
Stock symbol
BYRN
Transactions as of
Jul 19, 2024
Transactions value $
$0
Form type
4
Date filed
7/24/2024, 08:55 PM
Previous filing
May 21, 2024
Next filing
Sep 6, 2024

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 Award +16.1K 16.1K Jul 19, 2024 Common Stock 16.1K Direct F1, F2, 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 ("RSU") represents the right to receive, at settlement, one share of common stock or cash.
F2 11,528 of the RSUs were granted as partial compensation for the Reporting Person's service as an independent director of the Company for the period from May 19, 2024 through September 19, 2025 and 4,583 of the RSUs were granted part of a stipend for the Reporting Person's service as Chairman of the Board of Directors of the Company for the same period.
F3 Pursuant to the terms of the grant, the restricted stock units vest on the later of one year from the grant date or the 2025 Annual Meeting of Shareholders at which directors are elected. The vesting of 11,528 of the RSUs is conditional upon the Reporting Person's continued service to the Company in his capacity as an Independent Director on the vesting date; the vesting of 4,583 of the RSUs is conditional upon the Reporting Person's continued service to the Company as Chairman of the Board on the vesting date.

Remarks:

*Signed under power of attorney on behalf of Reporting Person