Deana McPherson - May 1, 2022 Form 4 Insider Report for SMITH & WESSON BRANDS, INC. (SWBI)

Role
Officer
Signature
/s/ Kevin A. Maxwell, as attorney-in-fact
Stock symbol
SWBI
Transactions as of
May 1, 2022
Transactions value $
-$16,381
Form type
4
Date filed
5/3/2022, 09:21 PM
Previous filing
Mar 8, 2022
Next filing
May 5, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SWBI Common Stock Tax liability -$14.9K -1.05K -1.74% $14.19 59K May 1, 2022 Direct F1, F2
transaction SWBI Common Stock Tax liability -$1.52K -111 -0.19% $13.73 58.9K May 1, 2022 Direct F1
transaction SWBI Common Stcok Award $0 +12.9K +21.9% $0.00 71.8K May 2, 2022 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 +38.7K $0.00 38.7K May 2, 2022 Common Stock 38.7K Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of common stock withheld by the Issuer to satisfy certain tax withholding obligations associated with the vesting of restricted stock units.
F2 Includes 156 shares acquired under the Issuer's Employee Stock Purchase Plan on March 31, 2022.
F3 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.
F4 Each performance right represents a contingent right to receive one share of the Issuer's common stock. The performance rights vest based on stock performance over a three-year performance period, and shares, net of tax withholding, will be delivered on June 30, 2025. The number represents the maximum number of shares that may be delivered pursuant to the award, which is two times the target number of shares.

Remarks:

The reporting person is Executive Vice President, Chief Financial Officer, Treasurer, and Assistant Secretary. Exhibit List - Exhibit 24 - Limited Power of Attorney