Accession Number: | 0001415889-21-001897 |
Date: | 2021-04-01 |
Issuer: | WRAP TECHNOLOGIES, INC. (WRAP) |
Original Submission Date: |
COHEN SCOT
C/O WRAP TECHNOLOGIES, INC.
1817 W 4TH STREET
TEMPE, AZ 85281
Title of Security | Transaction Date | 2a. Deemed Execution Date | Transaction Code | Shares | Acquired or Disposed | Price per share | 5. Amount of Securities Beneficially Owned Following Reported Transaction | 6. Ownership Form Direct or Indirect | Nature of Indirect Ownership |
---|---|---|---|---|---|---|---|---|---|
COMMON STOCK | 2021-04-01 | A | 31,250 | a | $0.00 | 4,856,938 | direct |
Title of Derivative Security | Conversion or Exercise Price of Derivative Security | Transaction Date | Deemed Execution Date | Transaction Code | Number of Derivative Securities Acquired (A) or Disposed of (D) | Date Exercisable | Expiration Date | Title and Amount of Securities Underlying Derivative Security | Price of Derivative Security | Number of derivative Securities Beneficially Owned Following Reported Transaction(s) | Ownership Form: Direct (D) or Indirect (I) | Nature of Indirect Beneficial Ownership |
---|---|---|---|---|---|---|---|---|---|---|---|---|
STOCK OPTIONS | 5.56 | 2021-04-01 | deemed execution date | A | 100,000 (a) | 2031-04-01 | common stock 100,000 | $5.56 | 100,000 | direct |
ID | footnote |
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f1 | represents shares granted in connection with the reporting person's service as executive chairman of the issuer's board of directors. |
f2 | represents options granted in connection with the reporting person's service as executive chairman of the issuer's board of directors. |
f3 | 30% of the options vest on the date of the grant, with the remainder vesting in eight equal monthly installments thereafter, becoming fully vested on december 1, 2021. |