Kevin Alden Maxwell - 01 May 2024 Form 4 Insider Report for SMITH & WESSON BRANDS, INC. (SWBI)

Role
The reporting person is Senior Vice President, General Counsel, Chief Compliance Officer and Secretary.
Signature
/s/ Kevin A. Maxwell
Issuer symbol
SWBI
Transactions as of
01 May 2024
Net transactions value
-$30,709
Form type
4
Filing time
03 May 2024, 19:44:48 UTC
Previous filing
13 Nov 2023
Next filing
12 Nov 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SWBI Common Stock Award $0 +17,676 +43% $0.000000 59,076 01 May 2024 Direct F1, F2
transaction SWBI Common Stock Tax liability $19,538 -1,163 -2% $16.80 57,913 01 May 2024 Direct F3
transaction SWBI Common Stock Tax liability $11,170 -654 -1.1% $17.08 57,259 02 May 2024 Direct F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SWBI Performance Rights Award $0 +35,350 $0.000000 35,350 01 May 2024 Common Stock 35,350 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 One-quarter of the restricted stock units shall vest on each of the first, second, third and fourth anniversaries of the date of grant. Shares, net of tax withholding, will be delivered on each applicable vesting date.
F2 Includes 1,491 shares acquired under the Issuer's Employee Stock Purchase Plan on March 28, 2024.
F3 Represents shares of common stock withheld by the Issuer to satisfy certain tax withholding obligations associated with the vesting of restricted stock units.
F4 Each performance right represents a contingent right to recieve one share of the Issuer's common stock. The performance rights vest based on achievement of certain target performance of the Issuer's stock price over a three-year performance period. The number represents the maximum number of shares that may be delivered pursuant to the award.

Remarks:

The reporting person is Senior Vice President, General Counsel, Chief Compliance Officer and Secretary.