SEC Form 4 · accession 0001415889-18-001684
WRAP TECHNOLOGIES, INC. · WRAP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Wayne Remell Walker
Director
Period of report
Nov 14, 2018
Accepted (ET)
Nov 26, 2018 · 6:26 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001702924
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionsF2,F1 | $3.61 | Nov 14, 2018 | A | 35,000 | A | — | Nov 14, 2023 | Common Stock | 35,000 | 35,000 | D |
Explanation of responses
- F1The Stock Options shall vest as follows: 50% on the one-year anniversary of the grant date, with the remainder vesting in four equal quarterly tranches over the following 12 months.
- F2The Stock Options reported herein were issued in connection with the Reporting Person's appointment to the Issuer's Board of Directors and pursuant to the Issuer's 2017 Equity Compensation Plan.