Kevin Alden Maxwell - 02 May 2022 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
02 May 2022
Net transactions value
$0
Form type
4
Filing time
03 May 2022, 21:23:13 UTC
Previous filing
10 Nov 2021
Next filing
09 Nov 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 Award $0 +8,883 +55% $0.000000 25,124 02 May 2022 Direct F1

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 +26,646 $0.000000 26,646 02 May 2022 Common Stock 26,646 Direct F2
* 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 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 Senior Vice President, General Counsel, Chief Compliance Officer, and Secretary.