Jared R. Smith - Mar 23, 2023 Form 4 Insider Report for AMMO, INC. (POWW)

Role: President & COO
Signature: /s/ Jared R. Smith
Stock symbol: POWW
Transactions as of: Mar 23, 2023
Transactions value $: $88,025
Form type: 4
Date filed: 3/27/2023, 04:10 PM
Previous filing: Feb 24, 2023
Next filing: Apr 14, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	POWW	Common Stock	Purchase	$46.7K	+29.3K	+58.62%	$1.60	79.3K	Mar 23, 2023	Direct	F1
transaction	POWW	Common Stock	Purchase	$13.7K	+8.54K	+10.76%	$1.60	87.8K	Mar 23, 2023	Direct
transaction	POWW	Common Stock	Purchase	$27.6K	+17.2K	+19.53%	$1.61	105K	Mar 23, 2023	Direct

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The reported price in Column 4 is a weighted average purchase price. These shares were purchased in multiple transactions at prices ranging from $1.595 to $1.599 per share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.

Content

The reported price in Column 4 is a weighted average purchase price. These shares were purchased in multiple transactions at prices ranging from $1.595 to $1.599 per share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.