Byrna Technologies Inc. — Director's Dealing 2022

Mar 25, 2022

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: Byrna Technologies Inc. (BYRN)
CIK: 0001354866
Period of Report: 2022-01-03

Reporting Person: Pham Luan (CRMO)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	7142	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Options (right to buy)	$9.2300	2032-03-23	Common Stock (82500)		Direct
Restricted Stock Units	$0.0000	2024-04-18	Common Stock (82500)		Direct

Footnotes

F1: Each stock option represents a right to buy one share of our common stock.

F2: One third of the grant (the "Option Shares") will vest and become exercisable on 3/23/23 (the "Year Anniversary"); the balance of the Option Shares will vest in eight (8) quarterly, consecutive, and equal installments thereafter, beginning on the first calendar day of the fiscal quarter immediately following the Year Anniversary, until all Option Shares are fully vested.

F3: Each Restricted Stock Unit reflects the right to receive one share of common stock.

F4: The Reporting Person must remain in service to the Company through April 18, 2024 for any Restricted Stock Units to vest (the " Units" ). The Units will vest on April 18, 2024 to the extent that the following price triggers have been satisfied: (i) 55,000 Units have no price trigger , (ii) 27,500 Units are subject to a 20-day $30 VWAP price trigger.