Mark Peter Smith - May 1, 2023 Form 4 Insider Report for SMITH & WESSON BRANDS, INC. (SWBI)

Role
The reporting person is President & Chief Executive Officer., Director
Signature
/s/ Deana L. McPherson, as attorney-in-fact
Stock symbol
SWBI
Transactions as of
May 1, 2023
Transactions value $
-$65,800
Form type
4
Date filed
5/3/2023, 07:31 PM
Previous filing
Aug 26, 2022
Next filing
May 4, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SWBI Common Stock Tax liability -$65.8K -5.45K -2.11% $12.08 253K May 1, 2023 Direct F1, F2
transaction SWBI Common Stock Award $0 +68.7K +27.19% $0.00 321K May 1, 2023 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 +206K 206K May 1, 2023 Common Stock 206K 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 withholding obligations associated with the vesting of restricted stock units.
F2 Includes 504 shares acquired under the Issuer's Employee Stock Purchase Plan on September 30, 2022 and 1,251 shares acquired under the Issuer's Employee Stock Purchase Plan on March 31, 2023.
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 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 President & Chief Executive Officer.