Michael Parris - Sep 30, 2023 Form 4 Insider Report for WRAP TECHNOLOGIES, INC. (WRAP)

Role
PRIOR DIRECTOR
Signature
/s/ Chris DeAlmeida, Attorney-in-Fact
Stock symbol
WRAP
Transactions as of
Sep 30, 2023
Transactions value $
$0
Form type
4
Date filed
10/19/2023, 04:32 PM
Previous filing
Jul 10, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WRAP Common Stock Award +10.1K +3.63% 288K Sep 30, 2023 Direct F1
transaction WRAP Common Stock Award +21.6K +7.51% 309K Oct 12, 2023 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Michael Parris is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
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.