Robert D. Ferris - 01 Sep 2023 Form 4 Insider Report for VirTra, Inc (VTSI)

Role
Executive Chairman, Director
Signature
/s/ Robert D. Ferris
Issuer symbol
VTSI
Transactions as of
01 Sep 2023
Net transactions value
$0
Form type
4
Filing time
06 Sep 2023, 16:05:43 UTC
Previous filing
13 Jun 2023
Next filing
22 Nov 2023
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 +13,846 +16% 102,032 01 Sep 2023 Direct F1
holding VTSI Common Stock 311,997 01 Sep 2023 The Ferris Family Trust

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 -13,846 -6.6% 195,398 01 Sep 2023 Common Stock 13,846 $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 13,846 shares upon settlement of performance-based restricted stock units (net of the withholding tax liability).
F2 Of the 74.711 restricted stock units that could have been earned at August 31, 2023, 22,988 were earned and settled in 13,846 shares of Common Stock (which were net of the withholding tax liability).
F3 Awarded by the Issuer as incentive compensation.