Susan Jean Cupero - May 1, 2024 Form 4 Insider Report for SMITH & WESSON BRANDS, INC. (SWBI)

Role
Vice President, Sales
Signature
/s/ Kevin A. Maxwell
Stock symbol
SWBI
Transactions as of
May 1, 2024
Transactions value $
-$29,095
Form type
4
Date filed
5/3/2024, 07:48 PM
Previous filing
Mar 19, 2024
Next filing
May 6, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SWBI Common Stock Award $0 +17.7K +34.65% $0.00 68.7K May 1, 2024 Direct F1
transaction SWBI Common Stock Tax liability -$18K -1.07K -1.56% $16.80 67.6K May 1, 2024 Direct F2
transaction SWBI Common Stock Tax liability -$11.1K -651 -0.96% $17.08 67K May 2, 2024 Direct F2

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 +35.4K $0.00 35.4K May 1, 2024 Common Stock 35.4K Direct F3
* 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 Represents shares of common stock withheld by the Issuer to satisfy certain tax withholding obligations associated with the vesting of restricted stock units.
F3 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.