Matthew D. Burlend - Sep 30, 2022 Form 4 Insider Report for VirTra, Inc (VTSI)

Role
Former Chief Operating Officer
Signature
/s/ Matthew D. Burlend
Stock symbol
VTSI
Transactions as of
Sep 30, 2022
Transactions value $
$16,875
Form type
4
Date filed
10/3/2022, 04:05 PM
Previous filing
Jun 29, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VTSI Common Stock Options Exercise $6.38K +3.75K +35.57% $1.70 14.3K Sep 30, 2022 Direct F1
transaction VTSI Common Stock Options Exercise $10.5K +3.75K +26.24% $2.80 18K Sep 30, 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 Stock option (right to buy) Options Exercise -3.75K -100% 0 Sep 30, 2022 Common Stock 3.75K $1.70 Direct F2
transaction VTSI Stock option (right to buy) Options Exercise -3.75K -100% 0 Sep 30, 2022 Common Stock 3.75K $2.80 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the exercise of a non-qualified stock option.
F2 Represents a non-qualified stock option to purchase 3,750 shares of the issuer's common stock at an exercise price of $1.70 per share granted to Mr. Burlend on October 1, 2015.
F3 Represents a non-qualified stock option to purchase 3,750 shares of the issuer's common stock at an exercise price of $2.80 per share granted to Mr. Burlend on January 4, 205.