4//SEC Filing
North David 4
Accession 0001437749-21-029305
CIK 0001354866other
Filed
Dec 26, 7:00 PM ET
Accepted
Dec 27, 6:11 PM ET
Size
5.8 KB
Accession
0001437749-21-029305
Insider Transaction Report
Form 4
North David
Chief Financial Officer
Transactions
- Award
Restricted Stock Units
2021-12-22+90,000→ 150,000 total→ Common stock (90,000 underlying)
Footnotes (2)
- [F1]Each restricted stock unit represents a contingent right to receive one share of the common stock of Byrna Technologies Inc. or cash.
- [F2]The restricted stock units vest as follows: (i) one-third of the units are not subject to any price trigger; (ii) the second one-third of the units are triggered when the company's common stock trades above $30.00 on a 20-day volume weighted average closing price ("VWAP"); (iii) the final one-third of the units are triggered when the company's common stock trades above $40 on a 20-day volume weighted average closing price; and (iv) the reporting person must remain employed by the company until December 1, 2023 for the restricted stock untis to vest. The restricted stock units can be settled in cash or in shares of BYRN common stock on or before March 15, 2024.
Documents
Issuer
Byrna Technologies Inc.
CIK 0001354866
Entity typeother
Related Parties
1- filerCIK 0001861977
Filing Metadata
- Form type
- 4
- Filed
- Dec 26, 7:00 PM ET
- Accepted
- Dec 27, 6:11 PM ET
- Size
- 5.8 KB