Fred W. Wagenhals - 03 Oct 2024 Form 4 Insider Report for AMMO, INC. (POWW)

Role: EXECUTIVE CHAIR, Director
Signature: /s/ Fred Wagenhals
Issuer symbol: POWW
Transactions as of: 03 Oct 2024
Net transactions value: -$1,849
Form type: 4
Filing time: 11 Oct 2024, 17:00:54 UTC
Previous filing: 15 Jul 2024
Next filing: 14 Jan 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	POWW	Common Stock	Award	$0	+55,000	+0.77%	$0.000000	7,229,196	03 Oct 2024	Direct	F1
transaction	POWW	Common Stock	Tax liability	$1,849	-1,293	-0.02%	$1.43	7,227,903	03 Oct 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 September 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 October 3, 2024.

Content

Reflects the grant of 55,000 shares of common stock for the quarter ended September 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.

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 October 3, 2024.