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Byrna Technologies Inc. — Director's Dealing 2024
Apr 29, 2024
32837_dirs_2024-04-29_10ca0965-c35a-453a-ad0e-9f0ffd004a19.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: 2024-04-29
Reporting Person: Pham Luan (Chief Mktg and Rev Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-04-29 | Common Stock | M | 5000 | — | Acquired | 53712 | Direct |
| 2024-04-29 | Common Stock | F | 1081 | $13.67 | Disposed | 52631 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-04-29 | Restricted Stock Unit | $ | M | 5000 | Disposed | 2024-04-18 | Restricted Stock Unit (5000) | Direct |
Footnotes
F1: Each restricted stock unit represents the right to receive, at settlement, one share of common stock. This transaction represents the settlement of 5,000 restricted stock units in shares of common stock upon vesting.
F2: In accordance with the terms of the Company's Amended and Restated 2020 Incentive Equity Plan and the Restricted Stock Unit Award Agreement, the Reporting Owner forfeited his rights to 1,081 shares of common stock that otherwise was due to him as part of the RSU settlement to cover the Reporting Owner's withholding tax obligations arising from settlement of vested restricted stock units. There was no market transaction in connection with this forfeiture. Reporting owner was issued the net number of shares (3,158) reflecting the 5,000 rsus settlement net of the 1,081 shares withhdeld for taxes calculated at the prior trading day's closing price of $13.67.
F3: These restricted stock units vested on 4/18/24 and were settled on 4/29/24.