Sec Form 4 Filing - Brasseur John @ Byrna Technologies Inc. - 2024-10-18

Insider filing report for Changes in Beneficial Ownership
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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
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Brasseur John
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/YY)
10/18/2024
(Street)
ANDOVER, MA01810
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction 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
Common Stock 10/18/2024 M 10,000 A 12,775 D
Common Stock 10/18/2024 F 4,435 D $ 15.25 ( 2 ) 8,340 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction 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
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(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 Unit ( 1 ) 10/18/2024 M 10,000 ( 1 ) ( 1 ) Common Stock 10,000 ( 1 ) 40,000 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Brasseur John
100 BURTT ROAD
SUITE 115
ANDOVER, MA01810
Chief Operating Officer
Signatures
/s/ Lisa Klein Wager by power of attorney 03/21/2025
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Each restricted stock unit represents the right to receive, at settlement, one share of common stock. The shares vested and were on October 18, 2024. This transaction represents the settlement of 10,000 restricted stock units in shares of common stock following vesting.
( 2 )In accordance with the terms of the Company's Amended and Restated 2020 Incentive Equity Plan and the Restricted Stock Unit Award Agreement, the Reporting Owner forfeited rights to 4,435 shares of the Company's common stock due to him as part of the RSU settlement to cover the Reporting Owner's withholding tax obligations arising from settlement of vested restricted stock units. There was no market transaction in connection with this forfeiture. Reporting owner was issued the net number of shares (5,565) reflecting the 10,000 rsus settlement net of the 4,435 shares withhdeld for taxes calculated at the prior day's closing price of $15.25.

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* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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