4//SEC Filing
SMITH THOMAS P 4
Accession 0001415889-21-004256
CIK 0001702924other
Filed
Sep 2, 8:00 PM ET
Accepted
Sep 3, 8:30 PM ET
Size
17.6 KB
Accession
0001415889-21-004256
Insider Transaction Report
Form 4
SMITH THOMAS P
PRESIDENT
Transactions
- Exercise/Conversion
Common Stock
2021-09-01$4.26/sh+19,951$84,991→ 19,951 total - Exercise/Conversion
Stock Options
2021-09-01−19,951→ 90,242 totalExercise: $4.26Exp: 2030-04-01→ Common Stock (19,951 underlying) - Exercise/Conversion
Stock Options
2021-09-02−32,084→ 58,158 totalExercise: $4.26Exp: 2030-04-01→ Common Stock (32,084 underlying) - Sale
Common Stock
2021-09-01$7.33/sh−19,951$146,241→ 0 total - Exercise/Conversion
Common Stock
2021-09-02$4.26/sh+32,084$136,678→ 32,084 total - Sale
Common Stock
2021-09-02$7.14/sh−32,084$229,080→ 0 total
Holdings
- 400,000
Stock Options
Exercise: $5.22Exp: 2031-03-08→ Common Stock (400,000 underlying) - 1,000,000
Stock Options
Exercise: $5.41Exp: 2024-03-18→ Common Stock (1,000,000 underlying)
Footnotes (5)
- [F1]This transaction was executed in multiple sales prices ranging from $7.25 to $7.50. The price reported above reflects the weighted average sales 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 transactions were effected.
- [F2]This transaction was executed in multiple sales prices ranging from $7.06 to $7.26. The price reported above reflects the weighted average sales 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 transactions were effected.
- [F3]33% of the Stock Option grant for 110,193 shares vested on April 1, 2021, the one-year anniversary of the grant date, with the balance vesting monthly over 24 months thereafter. All options will be fully vested as of April 1, 2023, subject to continued service and the terms of the grant and the 2017 Stock Incentive Plan.
- [F4]33% of the Stock Option grant for 1,000,000 shares vested March 18, 2020, the one-year anniversary of the grant date, with the balance vesting monthly over 24 months thereafter. All options will be fully vested as of March 18, 2022, subject to continued service and the terms of the grant and the 2017 Stock Incentive Plan.
- [F5]33% of the Stock Option grant for 400,000 shares will vest on March 8, 2022, the one-year anniversary of the grant date, with the balance vesting monthly over 24 months thereafter. All options will be fully vested as of March 8, 2024, subject to continued service and the terms of the grant and the 2017 Stock Incentive Plan.
Documents
Issuer
WRAP TECHNOLOGIES, INC.
CIK 0001702924
Entity typeother
Related Parties
1- filerCIK 0001167176
Filing Metadata
- Form type
- 4
- Filed
- Sep 2, 8:00 PM ET
- Accepted
- Sep 3, 8:30 PM ET
- Size
- 17.6 KB