Home > Insider Trading > Filing (0001415889-20-002995)

Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1702924	Wrap Technologies Inc.	WRAP	()	4

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1441015	G David Norris	C/O Wrap Technologies, Inc. 1817 W 4Th Street Tempe AZ 85281		No	No	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2020-12-16	7,500	$1.50	43,128	No	4	M	Direct
Common Stock	Disposition	2020-12-16	7,500	$5.42	35,628	No	4	S	Direct
Common Stock	Disposition	2020-12-16	400,000	$5.00	1,408,128	No	4	S	Indirect	By Family Trust

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	M	Direct
No	4	S	Direct
No	4	S	Indirect	By Family Trust

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Stock Options	Disposition	2020-12-16	7,500	$0.00	7,500	$1.50

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
492,500		2023-05-23	No	4	M	Direct

Footnotes

The sale of shares were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 18, 2020.
On December 16, 2020, the Reporting Person sold the shares, in a private transaction, pursuant to a registration statement on Form S-3 declared effective by the Securities and Exchange Commission on July 10, 2020 (File No. 333-239329). In addition, the Reporting Person granted to the purchaser an option to purchase an additional 400,000 shares from the Reporting Person for $5.00 per share.
50% of the Stock Options vested on May 23, 2019, the one-year anniversary of the grant date, with the balance vesting monthly over 12 months thereafter. All options are fully vested as of May 23, 2020, subject to continued service.