Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain
Officers.
Effective November 30, 2021 the board of directors (the "Board") of Byrna
Technologies Inc. (the "Company") has accepted the retirement from the Board of
Directors of Paul Jensen.
On December 2, 2021 the Board appointed Leonard Elmore ("Mr. Elmore") as a
director and member of the Board's Nominating and Governance on the Committee,
filling vacancies left by Mr. Jensen. The Board has determined that Mr. Elmore
is independent for purposes of serving on the Board under the applicable rules
of the Securities and Exchange Commission (the "SEC") and the Nasdaq
Marketplace. There are no arrangements or understandings between Mr. Elmore and
any other persons, pursuant to which such director was selected as a director.
Mr. Elmore is a retired attorney with over 25 years of experience, an
experienced business leader, current television sports personality and educator
whose professional experience includes a long athletic career, working at
several law firms as well as business and public interest endeavors. Currently,
Mr. Elmore is a Director on the Board of 1800Flowers.com, an online and
telephonic gift and flower retailer. He began his service for 1800Flowers.com in
October 2002. From February 2007 until February of 2020, Mr. Elmore served as a
Director on the Board of Directors of Lee Enterprises, Inc., a newspaper
publishing company. He currently chairs the Nominating Committee and Corporate
Governance Committee for the 1800Flowers.com Board of Directors and served on
the Audit Committee for Lee Enterprises. Since August 2018, Mr. Elmore has
served as Senior Lecturer in Discipline at the Columbia University School of
Professional Studies Sports Management Program. Among his classes taught are
Leadership and Management in the Business of Sports and Athlete Activism for
Social Justice.
Mr. Elmore will receive compensation as an outside director of the Company under
the director compensation policies adopted by the Board from time to time. The
Company also entered into an indemnification agreement with Mr. Elmore in
connection with his appointment to the Board. The indemnification agreement is
in substantially the same form as the form of indemnification agreement for the
other directors of the Company that was filed as Exhibit 10.17 to the Company's
Amendment to Registration Statement on Form S-1, filed with the SEC on July 12,
2021. There are no transactions with Mr. Elmore that would require disclosure
under Item 404(a) of Regulation S-K.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
104 Cover Page Interactive Data File - the cover page XBRL tags are embedded
within the Inline XBRL Document.
--------------------------------------------------------------------------------
© Edgar Online, source Glimpses