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

Role: President and COO
Signature: /s/ Jared Novick
Issuer symbol: WRAP
Transactions as of: 24 Feb 2025
Transactions value $: $495,000
Form type: 4
Filing time: 12 Mar 2025, 07:00:09 UTC
Previous filing: 13 Feb 2025
Next filing: 03 Sep 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	$495K	+275K		$1.80	275K	24 Feb 2025	By Continuum Ventures, 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	+275K		$0.00	275K	24 Feb 2025	Common Stock	275K	$1.80	By Continuum Ventures, 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.