Cops Shot And Killed An Armed Man Who Broke Into Someone Else's House

Just before noon on Nov. 23, police responded to a home on East Folley Place near Gilbert and Frye roads after reports of a possible break-in. A resident who wasn’t home at the time called 911 after his surveillance cameras alerted him to motion, showing an unknown car backed into his driveway and a man inside the house.
Officers arrived and heard noises coming from the garage, with the suspect then running through the house and out the back door. Officers surrounded the man and ordered him to drop the gun he was carrying.

"Drop it or I will put holes in you."
"I know you will."
*proceeds to put holes in him*
In the video we see an officer over the wall of the rear of the property fire two shots which appear to stun the suspect, before another officer dumps a mag into him.

Now, the big question. The guy was armed and refused to drop the weapon, but was there an immediate threat in the moment that the officer fired the shots that killed him?