Scot Cohen - 24 Feb 2025 Form 4 Insider Report for WRAP TECHNOLOGIES, INC. (WRAP)

Role
Executive Chairman and CEO, Director, 10%+ Owner
Signature
/s/ Scot Cohen
Issuer symbol
WRAP
Transactions as of
24 Feb 2025
Net transactions value
+$1,980,000
Form type
4
Filing time
26 Feb 2025, 18:55:24 UTC
Previous filing
13 Feb 2025
Next filing
11 Apr 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WRAP Common Stock Award $1,980,000 +1,100,000 $1.80 1,100,000 24 Feb 2025 By V4 Global LLC F1

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 WRAP Warrants Award $0 +1,100,000 $0.000000 1,100,000 24 Feb 2025 Common Stock 1,100,000 $1.80 By V4 Global LLC F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects shares of the Issuer's common stock, par value $0.0001 per share, purchased by the Reporting Person from the Issuer in a private placement pursuant to that certain Securities Purchase Agreement, dated as of February 24, 2025, by and among the Issuer and the investors signatory thereto (the "Purchase Agreement").
F2 The warrants were purchased by the Reporting Person from the Issuer in a private placement pursuant to the Securities Purchase Agreement and expire on the date that is five years from the date of issuance.