Robert D. Ferris - Jun 9, 2023 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
Jun 9, 2023
Transactions value $
-$41,750
Form type
4
Date filed
6/13/2023, 07:32 PM
Previous filing
Apr 13, 2023
Next filing
Sep 6, 2023

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 -$41.8K -5K -100% $8.35 0 Jun 9, 2023 Common Stock 5K $5.88 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 $5.88 per share granted to Mr. Ferris on October 1, 2016.
F2 Mr. Ferris' stock option was redeemed by the issuer at the closing price on Nasdaq on June 9, 2023, for $2.47 per share for a total purchase price of $12,350. 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.