Mark Peter Smith - May 6, 2022 Form 4/A - Amendment Insider Report for SMITH & WESSON BRANDS, INC. (SWBI)

Signature
/s/ Deana L. McPherson, as attorney-in-fact
Stock symbol
SWBI
Transactions as of
May 6, 2022
Transactions value $
-$13,104
Form type
4/A - Amendment
Date filed
8/26/2022, 08:43 PM
Date Of Original Report
May 10, 2022
Previous filing
May 5, 2022
Next filing
Aug 26, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SWBI Common Stock Options Exercise +28.8K +12.43% 260K May 6, 2022 Direct F1
transaction SWBI Common Stock Tax liability -$13.1K -940 -0.36% $13.94 260K May 6, 2022 Direct F2

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 Options Exercise -28.8K -100% 0 May 6, 2022 Common Stock 28.8K Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each performance right represents a contingent right to receive one share of the Issuer's common stock. The performance rights vest based on market cap performance over a three-year performance period. The number of shares to be delivered is the maximum number of shares that may be delivered pursuant to the award. The shares will be delivered on May 1, 2023.
F2 Represents shares of common stock withheld by the Issuer to satisfy certain tax withholding obligations associated with the settlement of performance rights.

Remarks:

This amended Form 4 is being filed to correct the Form 4 filed on behalf of the reporting person on May 10, 2022, which omitted the vesting of performance stock units. The reporting person is President and Chief Executive Officer.