Mark Peter Smith - May 1, 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
Stock symbol
SWBI
Transactions as of
May 1, 2022
Transactions value $
-$199,230
Form type
4/A - Amendment
Date filed
8/26/2022, 08:41 PM
Date Of Original Report
May 3, 2022
Previous filing
Dec 6, 2021
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 -$191K -13.5K -6.54% $14.19 193K May 1, 2022 Direct F1, F2
transaction SWBI Common Stock Tax liability -$7.98K -581 -0.3% $13.73 192K May 1, 2022 Direct F1
transaction SWBI Common Stock Award $0 +41.8K +21.8% $0.00 234K 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 +126K $0.00 126K May 2, 2022 Common Stock 126K 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.