Brian Daniel Murphy - May 1, 2023 Form 4 Insider Report for American Outdoor Brands, Inc. (AOUT)

Role: President & CEO, Director
Signature: /s/ Douglas V. Brown, as attorney-in-fact
Stock symbol: AOUT
Transactions as of: May 1, 2023
Transactions value $: -$11,278
Form type: 4
Date filed: 5/3/2023, 07:00 PM
Previous filing: Sep 12, 2022
Next filing: May 4, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AOUT	Common Stock	Award	$0	+59.9K	+41.03%	$0.00	206K	May 1, 2023	Direct	F1
transaction	AOUT	Common Stock	Tax liability	-$11.3K	-1.28K	-0.62%	$8.79	205K	May 1, 2023	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	AOUT	Performance Rights	Award	$0	+120K		$0.00	120K	May 1, 2023	Common Stock	120K		Direct	F3

* 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 and be delivered, net of tax withholding, on each of the first, second, third, and fourth anniversaries of the date of grant.
F2	Represents shares of common stock withheld by the Issuer to satisfy certain tax withholding obligations associated with the vesting of restricted stock units.
F3	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. 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.