Robert D. Ferris - 19 Mar 2024 Form 4 Insider Report for VirTra, Inc (VTSI)

Signature
/s/ Robert D. Ferris
Issuer symbol
VTSI
Transactions as of
19 Mar 2024
Net transactions value
-$48,900
Form type
4
Filing time
21 Mar 2024, 16:37:54 UTC
Previous filing
21 Dec 2023
Next filing
30 May 2024

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 Stock Option (right to buy) Other $48,900 -5,000 -100% $9.78 0 19 Mar 2024 Common Stock 5,000 $4.30 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a non-qualified stock option to purchase 5,000 shares of the issuer's common stock at an exercise price of $4.30 per share granted to Mr. Ferris on April 1, 2017.
F2 Mr. Ferris' stock option was redeemed by the issuer at the closing price on Nasdaq on March 19, 2024, for $5.48 per share for a total purchase price of $27,400. The issuer's purchase of this stock option was effected in the same manner as stock option purchases from all other staff of the issuer.