Robert D. Ferris - Mar 19, 2024 Form 4 Insider Report for VirTra, Inc (VTSI)

Role
Executive Chairman, Director
Signature
/s/ Robert D. Ferris
Stock symbol
VTSI
Transactions as of
Mar 19, 2024
Transactions value $
-$48,900
Form type
4
Date filed
3/21/2024, 04:37 PM
Previous filing
Dec 21, 2023
Next filing
May 30, 2024

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 -$48.9K -5K -100% $9.78 0 Mar 19, 2024 Common Stock 5K $4.30 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 $4.30 per share granted to Mr. Ferris on April 1, 2017.
F2 Mr. Ferris' stock option was redeemed by the issuer at the closing price on Nasdaq on March 19, 2024, for $5.48 per share for a total purchase price of $27,400. 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.