Parris Michael 4
4 · WRAP TECHNOLOGIES, INC. · Filed Oct 19, 2023
Insider Transaction Report
Form 4
Parris Michael
Director
Transactions
- Award
Common Stock
2023-09-30+10,083→ 287,611 total - Award
Common Stock
2023-10-12+21,607→ 309,218 total
Footnotes (2)
- [F1]Represents shares of Restricted Stock (the "Shares") issued in connection with the Reporting Person's service on the Issuer's Board of Directors for the quarter ended September 30, 2023. The number of Shares was calculated based on the amount due the Reporting Person at the end of the quarter, or $15,125, divided by the closing price of the Company's Common Stock on such date. 30% of the Shares were vested as of the date of the grant, with the remainder vesting ratably in eight monthly tranches beginning November 1, 2023.
- [F2]Represents shares of Restricted Stock issued in connection with the Reporting Person's resignation from the Issuer's Board of Directors.