John F. Givens II - 24 Oct 2023 Form 4 Insider Report for VirTra, Inc (VTSI)

Signature
/s/ John F. Givens II
Issuer symbol
VTSI
Transactions as of
24 Oct 2023
Net transactions value
$0
Form type
4
Filing time
25 Oct 2023, 16:05:15 UTC
Previous filing
06 Sep 2023
Next filing
04 Sep 2024

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 +133,333 +129% 236,341 24 Oct 2023 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 -133,333 -53% 118,519 24 Oct 2023 Common Stock 133,333 $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. Givens was issued 133,333 shares upon settlement of performance-based restricted stock units.
F2 Of the 133,333 remaining restricted stock units that could have been earned at August 31, 2022 and 2023, 133,333 were earned and settled in 133,333 shares of Common Stock.
F3 Awarded by the Issuer as incentive compensation.