Deana L. McPherson - 01 May 2022 Form 4 Insider Report for SMITH & WESSON BRANDS, INC. (SWBI)

Role
Officer
Signature
/s/ Kevin A. Maxwell, as attorney-in-fact
Issuer symbol
SWBI
Transactions as of
01 May 2022
Net transactions value
-$16,381
Form type
4
Filing time
03 May 2022, 21:21:17 UTC
Previous filing
08 Mar 2022
Next filing
05 May 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SWBI Common Stock Tax liability $14,857 -1,047 -1.7% $14.19 58,978 01 May 2022 Direct F1, F2
transaction SWBI Common Stock Tax liability $1,524 -111 -0.19% $13.73 58,867 01 May 2022 Direct F1
transaction SWBI Common Stcok Award $0 +12,894 +22% $0.000000 71,761 02 May 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 +38,680 $0.000000 38,680 02 May 2022 Common Stock 38,680 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