Wrap Technologies appoints Jared Novick as COO effective Dec 26, 2023

WRAP TECHNOLOGIES, INC.

Jared Novick appointed COO with $200K base salary, $75K sign-on bonus.
250,000 stock options granted, vesting in three equal annual installments starting Dec 31, 2024.
Severance: 12 months' base salary if terminated without cause or for good reason.
Novick previously COO at Sidus Space (SIDU) and co-founded BitVoyant, acquired by BlueVoyant.
Employment agreement includes two-year initial term with automatic annual renewals.

item 5.02 item 9.01

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Appointed

Jared Novick

Chief Operating Officer

WRAP · WRAP TECHNOLOGIES, INC.

Effective: 2023-12-26
Filed: December 29, 2023, 6:59 PM ET

On December 26, 2023, the Board of Directors (the “Board”) of Wrap Technologies, Inc. (the “Company”) appointed Jared Novick (40) to the position of Chief Operating Officer, effective immediately.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Jared Novick was appointed as Chief Operating Officer at WRAP TECHNOLOGIES, INC..

Action: appointed
Role: Chief Operating Officer

Exact text from the filing

On December 26, 2023, the Board of Directors (the “Board”) of Wrap Technologies, Inc. (the “Company”) appointed Jared Novick (40) to the position of Chief Operating Officer, effective immediately.

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Source: SEC EDGAR

accession 0001437749-23-035589

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