Statement of Changes in Beneficial Ownership (4)
28 Dezember 2021 - 12:11AM
Edgar (US Regulatory)
FORM 4
[ ]
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
|
OMB APPROVAL
OMB Number:
3235-0287
Estimated average burden
hours per response...
0.5
|
|
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
|
|
|
1. Name and Address of Reporting Person
*
Gillespie Michael Scott |
2. Issuer Name and Ticker or Trading Symbol
Byrna Technologies Inc.
[
BYRN
]
|
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Chief Operating Officer |
|
(Last)
(First)
(Middle)
100 BURTT ROAD, SUITE 115 |
3. Date of Earliest Transaction
(MM/DD/YYYY)
12/22/2021 |
|
(Street)
ANDOVER, MA 01810
(City)
(State)
(Zip)
|
4. If Amendment, Date Original Filed
(MM/DD/YYYY)
|
6. Individual or Joint/Group Filing
(Check Applicable Line)
_X
_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
|
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
|
1.Title of Security
(Instr. 3)
|
2. Trans. Date
|
2A. Deemed Execution Date, if any
|
3. Trans. Code
(Instr. 8)
|
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
|
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
|
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
|
7. Nature of Indirect Beneficial Ownership (Instr. 4)
|
|
Code
|
V
|
Amount
|
(A) or (D)
|
Price
|
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
|
1. Title of Derivate Security
(Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Trans. Date | 3A. Deemed Execution Date, if any | 4. Trans. Code
(Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4) | 8. Price of Derivative Security
(Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) |
| Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
| Restricted Stock Units | (1) | 12/22/2021 | | A | | 200000 | | (2) | (2) | Common stock | 200000 | (1) | 200000 | D | |
| Explanation of Responses: |
| (1) | Each restricted stock unit represents a contingent right to receive one share of the common stock of Byrna Technologies Inc. or cash. |
| (2) | The restricted stock units vest as follows: (i) one-third of the units are not subject to any price trigger; (ii)one-third of the units are triggered when the company's common stock trades above $30.00 on a 20-day volume weighted average closing price ("VWAP"), (iii) the final third of the units are triggered when the company's common stock trades above $40 on a 20-day volume weighted average closing price; and (iv) the reporting person must remain employed by the company until November 23, 2024 for the restricted stock untis to vest. The restricted stock units can be settled in cash or in shares of BYRN common stock on or before March 15, 2025. |
Reporting Owners
|
| Reporting Owner Name / Address | Relationships |
| Director | 10% Owner | Officer | Other |
Gillespie Michael Scott
100 BURTT ROAD, SUITE 115
ANDOVER, MA 01810 |
|
| Chief Operating Officer |
|
Signatures
|
| /s/ Lisa Wager, by Power of Attorney | | 12/24/2021 |
| **Signature of Reporting Person | Date |
Byrna Technologies (NASDAQ:BYRN)
Historical Stock Chart
Von Mär 2024 bis Apr 2024
Byrna Technologies (NASDAQ:BYRN)
Historical Stock Chart
Von Apr 2023 bis Apr 2024
