Robert D. Ferris - Sep 1, 2022 Form 4 Insider Report for VirTra, Inc (VTSI)

Role
Co-CEO, President and Chairman, Director
Signature
/s/ Robert D. Ferris
Stock symbol
VTSI
Transactions as of
Sep 1, 2022
Transactions value $
$0
Form type
4
Date filed
9/2/2022, 04:05 PM
Previous filing
Jun 29, 2022
Next filing
Oct 3, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VTSI Common Stock Exercise of in-the-money or at-the-money derivative security +3.91K +1% 395K Sep 1, 2022 Direct 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 VTSI Restricted Stock Units Exercise of in-the-money or at-the-money derivative security -3.91K -1.76% 218K Sep 1, 2022 Common Stock 3.91K $0.00 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Mr. Ferris was issued 3,907 shares upon settlement of performance-based restricted stock units (net of the withholding tax liability).
F2 Of the 57,470 restricted stock units that could have been earned at August 31, 2022, 5,747 were earned and settled in 3,907 shares of Common Stock (which were net of the withholding tax liability).
F3 Awarded by the Issuer as incentive compensation.