Form 4 for WRAP WRAP TECHNOLOGIES, INC.
Accepted 2022-04-22 00:00:00 ET · period of report 2022-04-19 · accession 0001415889-22-004217 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2022-04-22 | 2022-04-19 | WRAP | Kennedy TJ | CEO, Dir | A - Grant | — | +250.9K | 259.3K | +2,985% | — |
| D | 2022-04-22 | 2022-04-19 | WRAP | Kennedy TJ | CEO, Dir | A - Grant | — | +475.7K | 475.7K | New | — |
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 | 2022-04-19 | A | A | 250,865 | — | 259,268 | D | — | — | (F2) Represents grant of restricted stock units. Shares will be issued upon vesting, and shall vest (i) 95,156 on April 18, 2023 and (ii) the remainder in two equal installments on each of April 18, 2024 and April 18, 2025, subject to continued employment and accelerated vesting upon certain events. (F1) Grant awarded in connection with the Reporting Person's appointment as Chief Executive Officer of the Issuer and pursuant to the Issuer's 2017 Equity Compensation Plan. |
| 2 | Derivative | Stock Option (Right to Buy) | 2022-04-19 | A | A | 475,662 | — | 475,662 | D | $2.89 · — to 2032-04-19 | 475,662 Common Stock | (F1) Grant awarded in connection with the Reporting Person's appointment as Chief Executive Officer of the Issuer and pursuant to the Issuer's 2017 Equity Compensation Plan. (F3) Stock options shall vest in three equal annual installments beginning on April 18, 2023, subject to continued employment and accelerated vesting upon certain events. |