Fred Wagenhals - Jul 11, 2024 Form 4 Insider Report for AMMO, INC. (POWW)

Signature
/s/ Fred Wagenhals
Stock symbol
POWW
Transactions as of
Jul 11, 2024
Transactions value $
-$2,056
Form type
4
Date filed
7/15/2024, 04:30 PM
Previous filing
Jun 24, 2024
Next filing
Oct 11, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction POWW Common Stock Award $0 +55K +0.77% $0.00 7.18M Jul 11, 2024 Direct F1
transaction POWW Common Stock Tax liability -$2.06K -1.29K -0.02% $1.59 7.17M Jul 11, 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 for the quarter ended June 30, 2024 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 July 9, 2024.