Robert D. Ferris - Sep 30, 2022 Form 4 Insider Report for VirTra, Inc (VTSI)

Role
Co-CEO, President and Chairman, Director
Signature
/s/ Robert D. Ferris
Stock symbol
VTSI
Transactions as of
Sep 30, 2022
Transactions value $
-$27,050
Form type
4
Date filed
10/3/2022, 04:05 PM
Previous filing
Sep 2, 2022
Next filing
Dec 12, 2022

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction VTSI Stock Option (right to buy) Other -$27.1K -5K -100% $5.41 0 Sep 30, 2022 Common Stock 5K $1.70 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a non-qualified stock option to purchase 5,000 shares of the issuer's common stock at an exercise price of $1.70 per share granted to Mr. Ferris on October 1, 2015.
F2 Mr. Ferris' stock option was redeemed by the issuer at the closing price on Nasdaq on September 30, 2022, for $3.71 per share for a total purchase price of $18,550. The issuer's purchase of this stock option was effected in the same manner as stock option purchases from all other staff of the issuer.