Leo William Varner Jr. - Feb 19, 2022 Form 4 Insider Report for WRAP TECHNOLOGIES, INC. (WRAP)

Role
INTERIM CEO
Signature
/s/ LW Varner, Jr.
Stock symbol
WRAP
Transactions as of
Feb 19, 2022
Transactions value $
$49,999
Form type
4
Date filed
2/25/2022, 07:03 PM
Previous filing
Feb 25, 2022
Next filing
Nov 21, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WRAP Common Stock Award $50K +21.2K $2.36 21.2K Feb 19, 2022 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents grant of restricted stock units ("RSUs") in consideration for service as a Interim CEO. The RSUs shall vest as follows: a total of 8,476 vested at grant, with the remainder vesting weekly through 04/16/2022. The RSUs can only be settled in shares of issuer's common stock.