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WRAP TECHNOLOGIES, INC. — Director's Dealing 2019
Mar 27, 2019
34360_dirs_2019-03-26_a30c29f3-9334-4cce-8617-b08c5ff6c52b.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: WRAP TECHNOLOGIES, INC. (WRTC)
CIK: 0001702924
Period of Report: 2019-03-18
Reporting Person: SMITH THOMAS P (N/A)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-03-18 | Stock Options | $5.41 | A | 1000000 | Acquired | 2024-03-18 | Common Stock (1000000) | Direct |
Footnotes
F1: The Reporting Person's ability to exercise the Stock Options reported herein is conditioned upon stockholder approval of an amendment to the Issuer's 2017 Equity Incentive Plan (the "2017 Plan").
F2: The Stock Options shall vest as follows: 33% on the one-year anniversary of the grant date, and the remainder in 24 equal monthly installments over the two years thereafter.
F3: The Stock Options reported herein were issued in connection with the Reporting Person's appointment as the Issuer's President and pursuant to the Issuer's 2017 Plan.