Norris David G 4
4 · WRAP TECHNOLOGIES, INC. · Filed Feb 17, 2021
Insider Transaction Report
Form 4
Norris David G
DirectorPRESIDENT
Transactions
- Exercise/Conversion
Common Stock
2021-02-16$1.50/sh+7,500$11,250→ 43,128 total - Sale
Common Stock
2021-02-16$7.21/sh−7,500$54,075→ 35,628 total - Exercise/Conversion
Stock Options
2021-02-16−7,500→ 477,500 totalExercise: $1.50Exp: 2023-05-23→ Common Stock (7,500 underlying)
Holdings
- 1,408,128(indirect: By Trust)
Common Stock
Footnotes (3)
- [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.