Fred W. Wagenhals - 28 Jul 2023 Form 4 Insider Report for AMMO, INC. (POWW)

Signature
/s/ Fred Wagenhals
Issuer symbol
POWW
Transactions as of
28 Jul 2023
Net transactions value
$0
Form type
4
Filing time
01 Aug 2023, 16:33:17 UTC
Previous filing
14 Apr 2023
Next filing
28 Aug 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction POWW Common Stock Award $0 +60,000 +0.84% $0.000000 7,186,700 28 Jul 2023 Direct F1
transaction POWW Common Stock Award $0 +300,000 +4.2% $0.000000 7,486,700 31 Jul 2023 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects the grant of 60,000 shares of common stock that reporting person received quarterly as part of their annual compensation for services to the Issuer as its Chief Executive Officer. Reporting person was appointed to Executive Chair on July 24, 2023.
F2 Reflects the grant of 300,000 shares of common stock that reporting person received in connection with his transition from CEO to Executive Chairman.