Mark Peter Smith - 06 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
06 May 2022
Net transactions value
-$13,104
Form type
4/A - Amendment
Filing time
26 Aug 2022, 20:43:22 UTC
Date Of Original Report
10 May 2022
Previous filing
05 May 2022
Next filing
26 Aug 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 Options Exercise +28,800 +12% 260,447 06 May 2022 Direct F1
transaction SWBI Common Stock Tax liability $13,104 -940 -0.36% $13.94 259,507 06 May 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 -28,800 -100% 0 06 May 2022 Common Stock 28,800 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.