Fred W. Wagenhals - 20 Jun 2024 Form 4 Insider Report for AMMO, INC. (POWW)

Signature
/s/ Fred Wagenhals
Issuer symbol
POWW
Transactions as of
20 Jun 2024
Net transactions value
-$2,265
Form type
4
Filing time
24 Jun 2024, 16:45:24 UTC
Previous filing
06 Mar 2024
Next filing
15 Jul 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction POWW Common Stock Award $0 +55,000 +0.78% $0.000000 7,121,700 20 Jun 2024 Direct F1
transaction POWW Common Stock Tax liability $2,265 -1,211 -0.02% $1.87 7,120,489 20 Jun 2024 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 55,000 shares of common stock that the reporting person received quarterly as part of his annual compensation for services to the Issuer: a) 45,000 shares of common stock for his services as the Issuer's Executive Chairman, and b) 10,000 shares of common stock that members of the Issuer's Board of Directors (the "Board") receive quarterly.
F2 Represents the number of shares withheld by the Issuer to satisfy the tax withholding obligations incurred by the reporting person as a result of the shares received on June 20, 2024.