Key facts
- This page summarizes Patrick W. Smith's Form 4 filing for AXON ENTERPRISE, INC. (AXON).
- 3 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 09 Sep 2021, 21:56.
Patrick W. Smith - 09 Sep 2021 Form 4 Insider Report for AXON ENTERPRISE, INC. (AXON)
- Reporting relationship
- CHIEF EXECUTIVE OFFICER, Director
- Issuer ticker
- AXON
- Reported as of
- 09 Sep 2021
- Net transaction value
- -$1,812
- SEC form
- 4
- Accepted by SEC
- 09 Sep 2021, 21:56:20 UTC
- Prior SEC filing
- 06 Aug 2021
- Next SEC filing
- 18 Oct 2021
- Source filing
- View source filing
- Reporting owner signature
- /s/ Patrick W. Smith, by Jawad A. Ahsan, Attorney-in-Fact
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Filing notes and source
Key filing fact
Patrick W. Smith filed Form 4 for AXON ENTERPRISE, INC. (AXON) on 09 Sep 2021.
Change
- Previous filing in this sequence was filed on 06 Aug 2021.
- Current net transaction value: -$1,812.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
AXON
transaction
Common Stock
Award
- Transaction value
- $0
- Shares
- +25
- Change %
- +0.01%
- Price
- $0.000000
- Shares after
- 430,526
- Date
- 09 Sep 2021
- Ownership
- Direct
- Footnotes
- F1, F2
AXON
transaction
Common Stock
Tax liability
- Transaction value
- -$1,812
- Shares
- -10
- Change %
- -0%
- Price
- $181.15
- Shares after
- 430,516
- Date
- 09 Sep 2021
- Ownership
- Direct
- Footnotes
- F3
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
AXON
transaction
Derivative
Employee Stock Option
Award
- Transaction value
- $0
- Shares
- +2,652,440
- Change %
- +167%
- Price
- $0.000000
- Shares after
- 4,243,904
- Date
- 09 Sep 2021
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 2,652,440
- Exercise price
- $28.58
- Footnotes
- F4
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 4 footnotes
Footnote 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 this tranche 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 to cover taxes.
Footnote F2
The number of shares reported as beneficially owned by the reporting person following the transactions reported on this form has been increased by 23,000 shares following the discovery of an administrative error in two Form 4s filed by the reporting person. One of these forms was filed in 2009 and the other was filed in 2010. As a result of this administrative error, the number of shares reported as beneficially owned by the reporting person has been understated by 23,000 shares since 2010. The transactions reported in the referenced forms from 2009 and 2010 were correctly reported.
Footnote F3
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.
Footnote F4
The transaction consists of performance-based restricted stock options granted on February 26, 2018 (which was approved by shareholders and became effective on May 24, 2018) for the achievement of tranches four through eight of the CEO Performance Award for which the performance conditions were determined to have been certified by the Compensation Committee on the transaction date. The options for these tranches vested on September 9, 2021. Once the options are exercised, the shares are subject to a 2.5 year minimum holding period, excluding shares sold or made available to sell to cover taxes.