Byrna Technologies enters separation agreement with outgoing COO Michael Gillespie

Byrna Technologies Inc.

COO Michael Gillespie's resignation effective May 31, 2022, as previously reported.
Separation includes pro-rated bonus of $121,870 and additional bonus of $183,331 for forfeited RSUs.
Company will pay COBRA costs through Dec 2022 and engage as consultant at $24,000/month for three months.
Gillespie signed 12-month non-compete and general release in exchange for severance benefits.

item 5.02 item 9.01

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Departed

Michael Gillespie

Chief Operating Officer

BYRN · Byrna Technologies Inc.

Effective: 2022-05-31
Filed: March 9, 2022, 6:59 PM ET

Michael Gillespie, the Chief Operating Officer of Byrna Technologies Inc. (the “Company”), notified the Company on February 15, 2022 that he would resign as Chief Operating Officer effective as of May 31, 2022

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Michael Gillespie resigned as Chief Operating Officer at Byrna Technologies Inc..

Action: resigned
Role: Chief Operating Officer

Exact text from the filing

Michael Gillespie, the Chief Operating Officer of Byrna Technologies Inc. (the “Company”), notified the Company on February 15, 2022 that he would resign as Chief Operating Officer effective as of May 31, 2022

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Source: SEC EDGAR

accession 0001437749-22-005692

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