Kevin Alden Maxwell - 01 May 2023 Form 4 Insider Report for SMITH & WESSON BRANDS, INC. (SWBI)

Role
The reporting person is Senior Vice President, General Counsel, Chief Compliance Officer and Secretary.
Signature
/s/ Deana L. McPherson, as attorney-in-fact
Issuer symbol
SWBI
Transactions as of
01 May 2023
Net transactions value
$0
Form type
4
Filing time
03 May 2023, 19:27:54 UTC
Previous filing
09 Nov 2022
Next filing
04 May 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SWBI Common Stock Award $0 +13,898 +50% $0.000000 41,475 01 May 2023 Direct F1, 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 Award $0 +41,692 $0.000000 41,692 01 May 2023 Common Stock 41,692 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 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.
F2 Includes 2,024 shares acquired under the Issuer's Employee Stock Purchase Plan on March 31, 2023.
F3 Each performance right represents a contingent right to receive one share of the Issuer's common stock. The performance rights vest based on achievement of certain target performance of the Issuer's stock price over a three-year performance period. The number represents the maximum number of shares that may be delivered pursuant to the award.

Remarks:

The reporting person is Senior Vice President, General Counsel, Chief Compliance Officer and Secretary.