Patrick W. Smith - Oct 19, 2021 Form 4 Insider Report for AXON ENTERPRISE, INC. (AXON)

Role: CHIEF EXECUTIVE OFFICER, Director
Signature: /s/ Patrick W. Smith, by Jawad A. Ahsan, Attorney-in-Fact
Stock symbol: AXON
Transactions as of: Oct 19, 2021
Transactions value $: $16,336,673
Form type: 4
Date filed: 10/21/2021, 09:06 PM
Previous filing: Oct 18, 2021
Next filing: Oct 26, 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AXON	Common Stock	Options Exercise	$15.2M	+82.1K	+18.14%	$185.27	535K	Oct 19, 2021	Direct
transaction	AXON	Common Stock	Sale	-$490K	-2.7K	-0.5%	$181.46	532K	Oct 19, 2021	Direct	F1, F2
transaction	AXON	Common Stock	Sale	-$569K	-3.12K	-0.59%	$182.45	529K	Oct 19, 2021	Direct	F1, F3
transaction	AXON	Common Stock	Sale	-$1.28M	-6.95K	-1.31%	$183.66	522K	Oct 19, 2021	Direct	F1, F4
transaction	AXON	Common Stock	Sale	-$3.81M	-20.6K	-3.95%	$184.64	501K	Oct 19, 2021	Direct	F1, F5
transaction	AXON	Common Stock	Sale	-$1.24M	-6.72K	-1.34%	$185.35	495K	Oct 19, 2021	Direct	F1, F6
transaction	AXON	Common Stock	Sale	-$1.86M	-10K	-2.03%	$185.35	485K	Oct 19, 2021	Direct	F6, F7
transaction	AXON	Common Stock	Options Exercise	$6.37M	+35.6K	+7.35%	$179.05	520K	Oct 20, 2021	Direct
transaction	AXON	Common Stock	Sale	-$777K	-4.31K	-0.83%	$180.20	516K	Oct 20, 2021	Direct	F7, F8
transaction	AXON	Common Stock	Sale	-$304K	-1.69K	-0.33%	$180.20	514K	Oct 20, 2021	Direct	F1, F8
transaction	AXON	Common Stock	Sale	-$363K	-2K	-0.39%	$181.30	512K	Oct 20, 2021	Direct	F1, F9
transaction	AXON	Common Stock	Sale	-$276K	-1.52K	-0.3%	$182.41	511K	Oct 20, 2021	Direct	F1, F10
transaction	AXON	Common Stock	Sale	-$1.09M	-5.96K	-1.17%	$183.62	505K	Oct 20, 2021	Direct	F1, F11
transaction	AXON	Common Stock	Sale	-$770K	-4.18K	-0.83%	$184.38	501K	Oct 20, 2021	Direct	F1, F12
transaction	AXON	Common Stock	Sale	-$297K	-1.6K	-0.32%	$185.81	499K	Oct 20, 2021	Direct	F1, F13
transaction	AXON	Common Stock	Sale	-$56.1K	-300	-0.06%	$186.91	499K	Oct 20, 2021	Direct	F1, F14
transaction	AXON	Common Stock	Options Exercise	$20.1M	+109K	+21.87%	$184.60	608K	Oct 21, 2021	Direct
transaction	AXON	Common Stock	Sale	-$2.42M	-13.4K	-2.2%	$180.40	594K	Oct 21, 2021	Direct	F7, F15
transaction	AXON	Common Stock	Sale	-$2.39M	-13.2K	-2.23%	$180.40	581K	Oct 21, 2021	Direct	F1, F15
transaction	AXON	Common Stock	Sale	-$573K	-3.15K	-0.54%	$181.68	578K	Oct 21, 2021	Direct	F1, F16
transaction	AXON	Common Stock	Sale	-$2.96M	-16.2K	-2.81%	$182.34	562K	Oct 21, 2021	Direct	F1, F17
transaction	AXON	Common Stock	Sale	-$1.48M	-8.03K	-1.43%	$183.75	554K	Oct 21, 2021	Direct	F1, F18
transaction	AXON	Common Stock	Sale	-$2.28M	-12.4K	-2.23%	$184.63	541K	Oct 21, 2021	Direct	F1, F19
transaction	AXON	Common Stock	Sale	-$106K	-571	-0.11%	$185.20	541K	Oct 21, 2021	Direct	F1, F20

Showing 1 to 24 of 24 entries

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
transaction	AXON	Employee Stock Option	Options Exercise	$0	-82.1K	-1.96%	$0.00	4.1M	Oct 19, 2021	Common Stock	82.1K	$28.58	Direct
transaction	AXON	Employee Stock Option	Options Exercise	$0	-35.6K	-0.87%	$0.00	4.07M	Oct 20, 2021	Common Stock	35.6K	$28.58	Direct
transaction	AXON	Employee Stock Option	Options Exercise	$0	-109K	-2.68%	$0.00	3.96M	Oct 21, 2021	Common Stock	109K	$28.58	Direct

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

Explanation of Responses:

Id	Content
F1	Securities disposed represent securities sold to settle the reporting person's tax liability and exercise price pursuant to a filed Rule 10b5-1 plan. The remainder of the shares, with the exception of those reported on this Form 4, are subject to a 2.5 year holding period.
F2	The transaction was executed in multiple trades at prices ranging from $180.87 to $181.73. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F3	The transaction was executed in multiple trades at prices ranging from $182.09 to $183.06. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F4	The transaction was executed in multiple trades at prices ranging from $183.14 to $184.13. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F5	The transaction was executed in multiple trades at prices ranging from $184.14 to $185.13. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F6	The transaction was executed in multiple trades at prices ranging from $185.14 to $185.64. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F7	This sale of vested restricted stock units was executed pursuant to a filed Rule 10b5-1 plan.
F8	The transaction was executed in multiple trades at prices ranging from $180.00 to $180.58. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F9	The transaction was executed in multiple trades at prices ranging from $181.04 to $182.01. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F10	The transaction was executed in multiple trades at prices ranging from $182.05 to $183.01. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F11	The transaction was executed in multiple trades at prices ranging from $183.09 to $184.08. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F12	The transaction was executed in multiple trades at prices ranging from $184.09 to $184.89. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F13	The transaction was executed in multiple trades at prices ranging from $185.51 to $186.49. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F14	The transaction was executed in multiple trades at prices ranging from $186.51 to $187.12. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F15	The transaction was executed in multiple trades at prices ranging from $180.00 to $180.96. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F16	The transaction was executed in multiple trades at prices ranging from $181.01 to $182.00. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F17	The transaction was executed in multiple trades at prices ranging from $182.01 to $182.83. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F18	The transaction was executed in multiple trades at prices ranging from $183.02 to $184.00. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F19	The transaction was executed in multiple trades at prices ranging from $184.025 to $185.02. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F20	The transaction was executed in multiple trades at prices ranging from $185.10 to $185.33. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.