Bruce Bernstein - 05 Feb 2025 Form 4 Insider Report for WRAP TECHNOLOGIES, INC. (WRAP)

Role
Director
Signature
/s/ Bruce Bernstein
Issuer symbol
WRAP
Transactions as of
05 Feb 2025
Net transactions value
$0
Form type
4
Filing time
13 Feb 2025, 18:01:51 UTC
Previous filing
06 Jan 2025
Next filing
21 Feb 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WRAP Common Stock Award $0 +5,051 +3.4% $0.000000 155,112 05 Feb 2025 Direct F1
transaction WRAP Common Stock Award $0 +9,091 +6.4% $0.000000 150,061 05 Feb 2025 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a grant of Restricted Stock Units ("RSUs"). The RSUs were granted in connection with the Reporting Person's service as the chair of the Compensation Committee of the Board of Directors of the Issuer. 30% of the RSUs vested on the date of grant and the remaining 70% of the RSUs will vest in in equal monthly installments through the remainder of 2025, provided the Reporting Person is employed by or providing services to the Issuer on the applicable vesting date.
F2 Represents a grant of RSUs. The RSUs were granted in connection with the Reporting Person's service as the chair of the Audit of the Board of Directors of the Issuer. 30% of the RSUs vested on the date of grant and the remaining 70% of the RSUs will vest in in equal monthly installments through the remainder of 2025, provided the Reporting Person is employed by or providing services to the Issuer on the applicable vesting date.