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Byrna Technologies Inc. — Director's Dealing 2024
Mar 14, 2024
32837_dirs_2024-03-14_45cdbc7d-ca89-49c0-93d0-bedb28616884.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: 2024-03-12
Reporting Person: North David (Chief Financial Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-03-12 | Common Stock | M | 50000 | — | Acquired | 72989 | Direct |
| 2024-03-12 | Common Stock | F | 7589 | $11.55 | Disposed | 65400 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-03-12 | Restricted Stock Unit | $ | M | 50000 | Disposed | 2024-03-15 | Common Stock (50000) | Direct |
Footnotes
F1: Each restricted stock unit represents the right to receive, at settlement, one share of common stock. The shares previously vested and were to be settled by March 15, 2024. This transaction represents the settlement of restricted stock units in shares of common stock following 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 7,589 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.