Luke Larson - May 17, 2021 Form 4 Insider Report for AXON ENTERPRISE, INC. (AXON)

Role: PRESIDENT
Signature: /s/ Luke S. Larson, by Jawad A. Ahsan, Attorney-in-Fact
Stock symbol: AXON
Transactions as of: May 17, 2021
Transactions value $: $0
Form type: 4
Date filed: 5/18/2021, 12:24 PM
Next filing: May 20, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AXON	Common Stock	Award	$0	+99.8K	+183.52%	$0.00	154K	May 17, 2021	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The transaction consists of performance-based restricted stock units granted on January 2, 2019, for the achievement of the second and third tranches of the XSPP (eXponential Stock Performance Program) which was approved by shareholders and became effective on February 12, 2019, for which the performance conditions were determined to have been certified by the Compensation Committee on the transaction date. The units for this tranche vested on May 17, 2021. The shares are subject to a 2.5 year minimum holding period from the goal attainment date, excluding shares that are being sold or made available to sell to cover taxes.

Content

The transaction consists of performance-based restricted stock units granted on January 2, 2019, for the achievement of the second and third tranches of the XSPP (eXponential Stock Performance Program) which was approved by shareholders and became effective on February 12, 2019, for which the performance conditions were determined to have been certified by the Compensation Committee on the transaction date. The units for this tranche vested on May 17, 2021. The shares are subject to a 2.5 year minimum holding period from the goal attainment date, excluding shares that are being sold or made available to sell to cover taxes.