Form 4 for WRAP WRAP TECHNOLOGIES, INC.
Accepted 2021-09-03 00:00:00 ET · period of report 2021-09-01 · accession 0001415889-21-004256 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2021-09-03 | 2021-09-01+ | WRAP | SMITH THOMAS P | CEO, Dir | M - OptEx | $4.26 | +52.0K | 32.1K | New | +$221.7K |
| DM | 2021-09-03 | 2021-09-01+ | WRAP | SMITH THOMAS P | CEO, Dir | S - Sale+OE | $7.21 | -52.0K | 0 | -100% | -$375.3K |
| DM | 2021-09-03 | 2021-09-01+ | WRAP | SMITH THOMAS P | CEO, Dir | M - OptEx | $0.00 | -52.0K | 90.2K | -37% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2021-09-01 | M | A | 19,951 | $4.26 | 19,951 | D | — | — | |
| 2 | Common | Common Stock | 2021-09-01 | S | D | 19,951 | $7.33 | 0 | D | — | — | (F1) This transaction was executed in multiple sales prices ranging from $7.25 to $7.50. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request to the SEC staff full information regarding the number of shares and prices at which the transactions were effected. |
| 3 | Common | Common Stock | 2021-09-02 | M | A | 32,084 | $4.26 | 32,084 | D | — | — | |
| 4 | Common | Common Stock | 2021-09-02 | S | D | 32,084 | $7.14 | 0 | D | — | — | (F2) This transaction was executed in multiple sales prices ranging from $7.06 to $7.26. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request to the SEC staff full information regarding the number of shares and prices at which the transactions were effected. |
| 5 | Derivative | Stock Options | 2021-09-02 | M | D | 32,084 | $0.00 | 58,158 | D | $4.26 · — to 2030-04-01 | 32,084 Common Stock | (F3) 33% of the Stock Option grant for 110,193 shares vested on April 1, 2021, the one-year anniversary of the grant date, with the balance vesting monthly over 24 months thereafter. All options will be fully vested as of April 1, 2023, subject to continued service and the terms of the grant and the 2017 Stock Incentive Plan. |
| 6 | Derivative | Stock Options | 2021-09-01 | M | D | 19,951 | $0.00 | 90,242 | D | $4.26 · — to 2030-04-01 | 19,951 Common Stock | (F3) 33% of the Stock Option grant for 110,193 shares vested on April 1, 2021, the one-year anniversary of the grant date, with the balance vesting monthly over 24 months thereafter. All options will be fully vested as of April 1, 2023, subject to continued service and the terms of the grant and the 2017 Stock Incentive Plan. |