0001415889-22-008037.txt : 20220729 0001415889-22-008037.hdr.sgml : 20220729 20220729135417 ACCESSION NUMBER: 0001415889-22-008037 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20220727 FILED AS OF DATE: 20220729 DATE AS OF CHANGE: 20220729 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: BARNES JAMES A CENTRAL INDEX KEY: 0000935660 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-38750 FILM NUMBER: 221119755 MAIL ADDRESS: STREET 1: 13771 DANIELSON STREET, STE. L CITY: POWAY STATE: CA ZIP: 92064 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 form4-07292022_100705.xml X0306 4 2022-07-27 1 0001702924 WRAP TECHNOLOGIES, INC. WRAP 0000935660 BARNES JAMES A C/O WRAP TECHNOLOGIES, INC. 1817 W 4TH STREET TEMPE AZ 85281 false false false true FORMER OFFICER Common Stock 2022-07-27 4 F 0 13323 1.762 D 75496 D Common Stock 2022-07-28 4 F 0 3 1.77 D 75493 D Common Stock 1742741 I By family trust Common Stock 358959 I By Sunrise Capital, Inc. The shares were sold to satisfy income tax withholding obligations relating to the accelerated vesting of previously reported restricted stock units that vested on July 24, 2022. This sale is a result of the default provision under the Company's equity incentive plan and does not represent a discretionary trade by the Reporting Person. This transaction was executed in multiple sales at prices ranging from $1.75 to $1.80. The price reported above reflects the weighted average purchase 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 transaction was effected. This "Exit" Form 4 also notices that the Reporting Person is no longer serving as the Company's Chief Financial Officer, Secretary and Treasurer, effective July 25, 2022, and therefore is no longer subject to Section 16 reporting. /s/ James A. Barnes 2022-07-29