Jeffrey C. Kunins - Sep 9, 2021 Form 4 Insider Report for AXON ENTERPRISE, INC. (AXON)

Signature
/s/ Jeffrey C. Kunins, by Jawad A. Ahsan, Attorney-in-Fact
Stock symbol
AXON
Transactions as of
Sep 9, 2021
Transactions value $
-$12,830,855
Form type
4
Date filed
9/9/2021, 09:55 PM
Previous filing
May 20, 2021
Next filing
Sep 28, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AXON Common Stock Award $0 +180K +223.77% $0.00 260K Sep 9, 2021 Direct F1
transaction AXON Common Stock Tax liability -$12.8M -70.8K -27.2% $181.15 190K Sep 9, 2021 Direct F2
* 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 tranches four through eight 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 these tranches vested on September 9, 2021. The shares are subject to a 2.5 year minimum holding period from the goal attainment date, excluding shares that are withheld or made available to sell to cover taxes.
F2 Securities disposed represent securities withheld to settle the reporting person's tax liability incident to the vesting of tranches four through eight of the XSPP (eXponential Stock Performance Plan). The remainder of the shares are subject to a 2.5 year minimum holding period