0001415889-21-004256.txt : 20210903
0001415889-21-004256.hdr.sgml : 20210903
20210903203019
ACCESSION NUMBER: 0001415889-21-004256
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210901
FILED AS OF DATE: 20210903
DATE AS OF CHANGE: 20210903
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: SMITH THOMAS P
CENTRAL INDEX KEY: 0001167176
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-38750
FILM NUMBER: 211238031
MAIL ADDRESS:
STREET 1: 7860 EAST MCCLAIN DRIVE SUITE E
CITY: SCOTTSDALE
STATE: AZ
ZIP: 85260-1627
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: WRAP TECHNOLOGIES, INC.
CENTRAL INDEX KEY: 0001702924
STANDARD INDUSTRIAL CLASSIFICATION: ORDNANCE & ACCESSORIES, (NO VEHICLES/GUIDED MISSILES) [3480]
IRS NUMBER: 980551945
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 1817 W 4TH STREET
CITY: TEMPE
STATE: AZ
ZIP: 85281
BUSINESS PHONE: 800-583-2652
MAIL ADDRESS:
STREET 1: 1817 W 4TH STREET
CITY: TEMPE
STATE: AZ
ZIP: 85281
4
1
form4-09032021_080901.xml
X0306
4
2021-09-01
0001702924
WRAP TECHNOLOGIES, INC.
WRAP
0001167176
SMITH THOMAS P
C/O WRAP TECHNOLOGIES, INC.
1817 W 4TH STREET
TEMPE
AZ
85281
true
true
false
false
CHIEF EXECUTIVE OFFICER
Common Stock
2021-09-01
4
M
0
19951
4.26
A
19951
D
Common Stock
2021-09-01
4
S
0
19951
7.33
D
0
D
Common Stock
2021-09-02
4
M
0
32084
4.26
A
32084
D
Common Stock
2021-09-02
4
S
0
32084
7.14
D
0
D
Stock Options
4.26
2021-09-01
4
M
0
19951
0
D
2030-04-01
Common Stock
19951
90242
D
Stock Options
4.26
2021-09-02
4
M
0
32084
0
D
2030-04-01
Common Stock
32084
58158
D
Stock Options
5.41
2024-03-18
Common Stock
1000000
1000000
D
Stock Options
5.22
2031-03-08
Common Stock
400000
400000
D
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.
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.
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.
33% of the Stock Option grant for 1,000,000 shares vested March 18, 2020, 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 March 18, 2022, subject to continued service and the terms of the grant and the 2017 Stock Incentive Plan.
33% of the Stock Option grant for 400,000 shares will vest on March 8, 2022, 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 March 8, 2024, subject to continued service and the terms of the grant and the 2017 Stock Incentive Plan.
/s/ James A. Barnes, Attorney-in-Fact
2021-09-03