Jared R. Smith - Jun 20, 2024 Form 4 Insider Report for AMMO, INC. (POWW)

Role
CEO, Director
Signature
/s/ Jared R. Smith
Stock symbol
POWW
Transactions as of
Jun 20, 2024
Transactions value $
-$30,217
Form type
4
Date filed
6/24/2024, 04:45 PM
Previous filing
Mar 1, 2024
Next filing
Jul 15, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction POWW Common Stock Award $0 +43.3K +13.35% $0.00 368K Jun 20, 2024 Direct F1
transaction POWW Common Stock Tax liability -$30.2K -16.2K -4.39% $1.87 352K Jun 20, 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 43,333 shares of common stock that the reporting person receives quarterly as part of his annual compensation for services to the Issuer: a) 33,333 shares of common stock for his services as the Issuer's Chief Executive Officer, 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.