4/A//SEC Filing
Hughes Herbert 4/A
Accession 0001437749-24-009900
CIK 0001354866other
Filed
Mar 27, 8:00 PM ET
Accepted
Mar 28, 8:31 PM ET
Size
13.0 KB
Accession
0001437749-24-009900
Insider Transaction Report
Form 4/AAmended
Hughes Herbert
Director
Transactions
- Exercise/Conversion
Common Stock
2024-02-14$1.90/sh+17,500$33,250→ 133,523 total - Exercise/Conversion
Stock Option (right to buy)
2024-02-14$1.90/sh−17,500$33,250→ 0 totalExercise: $1.90Exp: 2024-12-30→ Common Stock (17,500 underlying) - Exercise/Conversion
Restricted Stock Unit
2024-02-16−12,500→ 0 totalExercise: $0.00→ Common Stock (12,500 underlying) - Tax Payment
Common Stock
2024-02-14$9.87/sh−3,369$33,252→ 130,154 total - Exercise/Conversion
Common Stock
2024-02-16+12,500→ 142,654 total
Footnotes (6)
- [F1]On February 14, 2024 the Reporting Person made a cashless exercise of 17,500 options (the "Options"), each with an exercise price of $1.90 (the "Cashless Exercise"). This amendment is being filed to clarify the full number of common shares to be issued upon the option exercise prior to the Reporting Person's forfeiture of the right to a portion of those shares in lieu of tendering cash for the exercise price.
- [F2]Pursuant to the Cashless Exercise, no shares of Byrna Technologies Common Stock were sold by the Reporting Person, but the Reporting Person forfeited his right to 3,369 shares, the number of shares equivalent to the exercise price of the Options.
- [F3]This transaction represents the settlement of restricted stock units in shares of common stock following vesting. Each restricted stock unit represents the right to receive, at settlement, one share of common stock or cash
- [F4]This amendment corrects the number of shares of Byrna Technologies Common Stock that the Reporting Person owns following the transactions reported herein. The original filing transposed two digits in inputting the Reporting Peron's holdings following the reported transactions.
- [F5]The Options became exercisable upon issuance.
- [F6]The Restricted Stock Units were granted on August 3, 2022, vested on August 3, 2023, were settled on February 16, 2024, and were required to be settled by March 15, 2024.
Documents
Issuer
Byrna Technologies Inc.
CIK 0001354866
Entity typeother
Related Parties
1- filerCIK 0001861816
Filing Metadata
- Form type
- 4/A
- Filed
- Mar 27, 8:00 PM ET
- Accepted
- Mar 28, 8:31 PM ET
- Size
- 13.0 KB