NORRIS ELWOOD G (CHIEF TECHNOLOGY OFFICER) exercised options at WRAP TECHNOLOGIES, INC.
Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.
M · 1 exercise
Filed: 6/2/2020ACC: 0001415889-20-001444
Officer10% Owner· CHIEF TECHNOLOGY OFFICER
Since Oct 2018
0.00
Net shares
Net seller
$500.0K
Total acquired
0
Open market trades
0B · 0S
2
Total transactions
100K acquired · 100K disposed
Non-Derivative Transactions1
Common Stock
Indirect
Shares
+100K
Price / share
$5.00
Trade value
$500K
% of position
2.0%
6/1/2020
5.12M→5.22M
Total
Net shares
+100K
Net value
$500K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Indirect | 6/1/2020 | M · Option Exercise | +100K | $5.00 | $500K | 2.0% | 5.12M | 5.22M |
| Total | +100K | $500K | ||||||
Derivative Transactions1
Warrant
Indirect
Converts to
Common Stock
100K shares
Shares
−100K
Strike price
5
Held after
233.33K
Exercisable
—
6/1/2020
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Warrant Indirect | Common Stock100K shares | 6/1/2020 | M · Option Exercise | −100K | 5 | — | 233.33K |
Non-Derivative Holdings (Post-Transaction)1
Common Stock
DirectShares owned850.90K
Total
850.90K direct850.90K
| Security Title | Shares Owned | Ownership Type |
|---|---|---|
| Common Stock | 850.90K | Direct |
| Total | 850.90K | 850.90K direct |
Derivative Holdings (Post-Transaction)0
No derivative holdings reported