WRAP TECHNOLOGIES, INC. — Director's Dealing 2021

Feb 18, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: WRAP TECHNOLOGIES, INC. (WRAP)
CIK: 0001702924
Period of Report: 2021-02-16

Reporting Person: Norris David G (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-02-16	Common Stock	M	7500	$1.50	Acquired	43128	Direct
2021-02-16	Common Stock	S	7500	$7.21	Disposed	35628	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-02-16	Stock Options	$1.50	M	7500	Disposed	2023-05-23	Common Stock (7500)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1408128	Indirect

Footnotes

F1: The transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 18, 2020.

F2: This transaction was executed in multiple purchases at prices ranging from $7.16 to $7.27. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request to the SEC staff full information regarding the number of shares and prices at which the transaction was effected.

F3: 50% of the Stock Options vested on May 23, 2019, the one-year anniversary of the grant date, with the balance vesting monthly over 12 months thereafter. All options are fully vested as of May 23, 2020, subject to continued service.