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Byrna Technologies Inc. — Director's Dealing 2023
Dec 15, 2023
32837_dirs_2023-12-15_f5ed0342-d661-47d0-9702-c7002350b15c.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Byrna Technologies Inc. (BYRN)
CIK: 0001354866
Period of Report: 2023-08-31
Reporting Person: Wager Lisa (Corporate Secretary, CGO)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-08-31 | Restricted Stock Units | $ | D | 25000 | Disposed | 2023-08-31 | Common Stock (25000) | Direct |
Footnotes
F1: Each restricted stock unit represents a contingent right to receive one share of the common stock of Byrna Technologies Inc. (the "Issuer")
F2: The restricted stock units ("Units") consisted of 50,000 Units with no performance trigger and 25,000 Units with a $30 20-day VWAP performance trigger ("$30 Trigger"). The reporting person was required to remain in service to the Company through August 31, 2023 for any units to vest. On August 31, 2023, 50,000 of the restricted stock units vested, but have not yet been settled, and 25,000 of the restricted stock units were forfeited.