Fred W. Wagenhals - 15 Feb 2024 Form 4 Insider Report for AMMO, INC. (POWW)

Signature
/s/ Fred Wagenhals
Issuer symbol
POWW
Transactions as of
15 Feb 2024
Net transactions value
-$481,432
Form type
4
Filing time
20 Feb 2024, 16:16:23 UTC
Previous filing
19 Jan 2024
Next filing
22 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction POWW Common Stock Sale $453,075 -181,230 -2.4% $2.50 7,280,470 15 Feb 2024 Direct F1, F2
transaction POWW Common Stock Sale $28,358 -11,343 -0.16% $2.50 7,269,167 16 Feb 2024 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects the sale of shares by the Reporting Person to finance the acquisition and improvement of real estate for use as a personal residence.
F2 The reported price in Column 4 is a weighted average sale price of the sale of 181,230 shares of Common Stock. These shares were purchased in multiple transactions at prices ranging from $2.50 to $2.535 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
F3 The reported price in Column 4 is a weighted average sale price of the sale of 11,343 shares of Common Stock. These shares were purchased in multiple transactions at prices ranging from $2.50 to $2.505 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