Susan Jean Cupero - 01 May 2024 Form 4 Insider Report for SMITH & WESSON BRANDS, INC. (SWBI)

Role: Vice President, Sales
Signature: /s/ Kevin A. Maxwell
Issuer symbol: SWBI
Transactions as of: 01 May 2024
Net transactions value: -$29,095
Form type: 4
Filing time: 03 May 2024, 19:48:26 UTC
Previous filing: 19 Mar 2024
Next filing: 06 May 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	+35%	$0.000000	68,686	01 May 2024	Direct	F1
transaction	SWBI	Common Stock	Tax liability	$17,976	-1,070	-1.6%	$16.80	67,616	01 May 2024	Direct	F2
transaction	SWBI	Common Stock	Tax liability	$11,119	-651	-0.96%	$17.08	66,965	02 May 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	+35,350		$0.000000	35,350	01 May 2024	Common Stock	35,350		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.