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: 7/14/2020ACC: 0001415889-20-001889
Officer10% Owner· CHIEF TECHNOLOGY OFFICER
Since Oct 2018
0.00
Net shares
Net seller
$750.0K
Total acquired
0
Open market trades
0B · 0S
2
Total transactions
150K acquired · 150K disposed
Non-Derivative Transactions1
Common Stock
Indirect
Shares
+150K
Price / share
$5.00
Trade value
$750K
% of position
2.9%
7/14/2020
5.22M→5.37M
Total
Net shares
+150K
Net value
$750K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Indirect | 7/14/2020 | M · Option Exercise | +150K | $5.00 | $750K | 2.9% | 5.22M | 5.37M |
| Total | +150K | $750K | ||||||
Derivative Transactions1
Warrant
Indirect
Converts to
Common Stock
150K shares
Shares
−150K
Strike price
5
Held after
83.33K
Exercisable
—
7/14/2020
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Warrant Indirect | Common Stock150K shares | 7/14/2020 | M · Option Exercise | −150K | 5 | — | 83.33K |
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