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WRAP TECHNOLOGIES, INC. — Director's Dealing 2022
Apr 22, 2022
34360_dirs_2022-04-22_3c23eb6a-63e2-440b-b007-dd6128c2610b.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: WRAP TECHNOLOGIES, INC. (WRAP)
CIK: 0001702924
Period of Report: 2022-04-19
Reporting Person: Kennedy TJ (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-04-19 | Common Stock | A | 250865 | — | Acquired | 259268 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-04-19 | Stock Option (Right to Buy) | $2.89 | A | 475662 | Acquired | 2032-04-19 | Common Stock (475662) | Direct |
Footnotes
F1: Grant awarded in connection with the Reporting Person's appointment as Chief Executive Officer of the Issuer and pursuant to the Issuer's 2017 Equity Compensation Plan.
F2: Represents grant of restricted stock units. Shares will be issued upon vesting, and shall vest (i) 95,156 on April 18, 2023 and (ii) the remainder in two equal installments on each of April 18, 2024 and April 18, 2025, subject to continued employment and accelerated vesting upon certain events.
F3: Stock options shall vest in three equal annual installments beginning on April 18, 2023, subject to continued employment and accelerated vesting upon certain events.