Robert D. Ferris - 01 Sep 2022 Form 4 Insider Report for VirTra, Inc (VTSI)

Role: Co-CEO, President and Chairman, Director
Signature: /s/ Robert D. Ferris
Issuer symbol: VTSI
Transactions as of: 01 Sep 2022
Net transactions value: $0
Form type: 4
Filing time: 02 Sep 2022, 16:05:39 UTC
Previous filing: 29 Jun 2022
Next filing: 03 Oct 2022
SEC: View on sec.gov

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		+3,907	+1%		395,183	01 Sep 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		-3,907	-1.8%		218,386	01 Sep 2022	Common Stock	3,907	$0.000000	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.