Wrap Technologies appoints Chris DeAlmeida as CFO, replacing retiring James Barnes

WRAP TECHNOLOGIES, INC.

Chris DeAlmeida appointed CFO effective July 25, 2022; succeeds James Barnes who retired.
DeAlmeida's base salary set at $275k/year; 125k RSUs vesting over 3 years; option for 175k shares.
Barnes to consult for 12 months, paid $225k over 18 months; unvested equity continues vesting during that period.
DeAlmeida previously CFO of Encore Dredging Partners and EVP/CFO of Orion Group Holdings.

item 1.01 item 5.02 item 8.01 item 9.01

Executive movements

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Appointed

Chris DeAlmeida

Chief Financial Officer

WRAP · WRAP TECHNOLOGIES, INC.

Effective: 2022-07-25
Filed: July 25, 2022, 7:59 PM ET

On July 25, 2022, Wrap Technologies, Inc. (the “ Company ”) announced the appointment of Chris DeAlmeida as Chief Financial Officer of the Company, effective July 25, 2022.

Departed

James Barnes

Chief Financial Officer, Treasurer and Secretary

WRAP · WRAP TECHNOLOGIES, INC.

Effective: 2022-07-25
Successor: Chris DeAlmeida
Filed: July 25, 2022, 7:59 PM ET

Mr. DeAlmeida replaces James Barnes, the Company’s former Chief Financial Officer, who retired from his position as Chief Financial Officer, Treasurer and Secretary of the Company concurrent with Mr. DeAlmeida’s appointment.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Chris DeAlmeida was appointed as Chief Financial Officer at WRAP TECHNOLOGIES, INC..

Action: appointed
Role: Chief Financial Officer

Exact text from the filing

On July 25, 2022, Wrap Technologies, Inc. (the “ Company ”) announced the appointment of Chris DeAlmeida as Chief Financial Officer of the Company, effective July 25, 2022.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

James Barnes retired as Chief Financial Officer, Treasurer and Secretary at WRAP TECHNOLOGIES, INC..

Action: retired
Role: Chief Financial Officer, Treasurer and Secretary

Exact text from the filing

Mr. DeAlmeida replaces James Barnes, the Company’s former Chief Financial Officer, who retired from his position as Chief Financial Officer, Treasurer and Secretary of the Company concurrent with Mr. DeAlmeida’s appointment.

View on SEC.gov

WRAP TECHNOLOGIES, INC. filing history →

Source: SEC EDGAR

accession 0001851734-22-000396

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