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WRAP TECHNOLOGIES, INC. Director's Dealing 2020

Apr 4, 2020

34360_dirs_2020-04-03_cabc7211-c076-45af-be41-22aeafbe1f0d.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: 2020-04-01

Reporting Person: SMITH THOMAS P (N/A)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2020-04-01 Stock Options $4.26 A 110193 Acquired 2030-04-01 Common Stock (110193) Direct
2020-04-01 Restricted Stock Units $4.26 A 35211 Acquired 2020-12-31 Restricted Stock Unit (35211) Direct

Footnotes

F1: The Stock Options will vest as follows: one-third on the one-year anniversary of the grant date, and the remainder in 24 equal monthly installments over the two years thereafter.

F2: Options reported herein were issued pursuant to the Issuer's 2017 Equity Compensation Plan.

F3: The Restricted Stock Units are based on meeting performance objectives for the year-ended December 31, 2020 to be established by and measured at the discretion of the Issuer's Board of Directors.