Mark Peter Smith - 01 May 2022 Form 4/A - Amendment Insider Report for SMITH & WESSON BRANDS, INC. (SWBI)

Role
Officer, Director
Signature
/s/ Deana L. McPherson, as attorney-in-fact
Issuer symbol
SWBI
Transactions as of
01 May 2022
Net transactions value
-$199,230
Form type
4/A - Amendment
Filing time
26 Aug 2022, 20:41:42 UTC
Date Of Original Report
03 May 2022
Previous filing
06 Dec 2021
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 $191,253 -13,478 -6.5% $14.19 192,507 01 May 2022 Direct F1, F2
transaction SWBI Common Stock Tax liability $7,977 -581 -0.3% $13.73 191,926 01 May 2022 Direct F1
transaction SWBI Common Stock Award $0 +41,834 +22% $0.000000 233,760 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 +125,500 $0.000000 125,500 02 May 2022 Common Stock 125,500 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 and performance stock units.
F2 Includes 910 shares and 823 shares acquired under the Issuer's Employee Stock Purchase Plan on September 30, 2021 and March 31, 2022, respectively.
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:

This amended Form 4 is being filed to correct the Form 4 filed on behalf of the reporting person on May 3, 2022, which incorrectly reported the vesting of performance stock units that had previously been reported on a Form 4 filed on behalf of the reporting person on May 19, 2021. The reporting person is the President and Chief Executive Officer.