Patrick W. Smith - 03 Nov 2021 Form 4 Insider Report for AXON ENTERPRISE, INC. (AXON)

Reporting relationship: CHIEF EXECUTIVE OFFICER, Director
Issuer ticker: AXON
Reported as of: 03 Nov 2021
Net transaction value: +$16,696,524
SEC form: 4
Accepted by SEC: 05 Nov 2021, 20:28:39 UTC
Prior SEC filing: 02 Nov 2021
Next SEC filing: 10 Nov 2021
Source filing: View source filing
Reporting owner signature: /s/ Patrick W. Smith, by Jawad A. Ahsan, Attorney-in-Fact

Key filing fact

Patrick W. Smith filed Form 4 for AXON ENTERPRISE, INC. (AXON) on 05 Nov 2021.

Key facts

This page summarizes Patrick W. Smith's Form 4 filing for AXON ENTERPRISE, INC. (AXON).
21 reported transactions and 3 derivative rows are listed below.
Accepted by SEC: 05 Nov 2021, 20:28.

Change

Previous filing in this sequence was filed on 02 Nov 2021.
Current net transaction value: +$16,696,524.

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

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

AXON transaction

Common Stock

Options Exercise

Transaction value: $15,119,166
Shares: +81,765
Change %: +12%
Price: $184.91
Shares after: 765,329
Date: 03 Nov 2021
Ownership: Direct

AXON transaction

Common Stock

Sale

Transaction value: $1,266,133
Shares: -6,965
Change %: -0.91%
Price: $181.78
Shares after: 758,364
Date: 03 Nov 2021
Ownership: Direct
Footnotes: F1, F2

AXON transaction

Common Stock

Sale

Transaction value: $2,820,529
Shares: -15,446
Change %: -2%
Price: $182.61
Shares after: 742,918
Date: 03 Nov 2021
Ownership: Direct
Footnotes: F1, F3

AXON transaction

Common Stock

Sale

Transaction value: $1,680,601
Shares: -9,151
Change %: -1.2%
Price: $183.65
Shares after: 733,767
Date: 03 Nov 2021
Ownership: Direct
Footnotes: F1, F4

AXON transaction

Common Stock

Sale

Transaction value: $1,564,134
Shares: -8,474
Change %: -1.2%
Price: $184.58
Shares after: 725,293
Date: 03 Nov 2021
Ownership: Direct
Footnotes: F1, F5

AXON transaction

Common Stock

Sale

Transaction value: $1,847,465
Shares: -10,009
Change %: -1.4%
Price: $184.58
Shares after: 715,284
Date: 03 Nov 2021
Ownership: Direct
Footnotes: F5, F6

AXON transaction

Common Stock

Options Exercise

Transaction value: $11,674,000
Shares: +63,260
Change %: +8.8%
Price: $184.54
Shares after: 778,544
Date: 04 Nov 2021
Ownership: Direct

AXON transaction

Common Stock

Sale

Transaction value: $1,414,789
Shares: -7,710
Change %: -0.99%
Price: $183.50
Shares after: 770,834
Date: 04 Nov 2021
Ownership: Direct
Footnotes: F6, F7

AXON transaction

Common Stock

Sale

Transaction value: $557,658
Shares: -3,039
Change %: -0.39%
Price: $183.50
Shares after: 767,795
Date: 04 Nov 2021
Ownership: Direct
Footnotes: F1, F7

AXON transaction

Common Stock

Sale

Transaction value: $3,281,413
Shares: -17,819
Change %: -2.3%
Price: $184.15
Shares after: 749,976
Date: 04 Nov 2021
Ownership: Direct
Footnotes: F1, F8

AXON transaction

Common Stock

Sale

Transaction value: $300,110
Shares: -1,622
Change %: -0.22%
Price: $185.02
Shares after: 748,354
Date: 04 Nov 2021
Ownership: Direct
Footnotes: F1, F9

AXON transaction

Common Stock

Sale

Transaction value: $1,273,466
Shares: -6,840
Change %: -0.91%
Price: $186.18
Shares after: 741,514
Date: 04 Nov 2021
Ownership: Direct
Footnotes: F1, F10

AXON transaction

Common Stock

Sale

Transaction value: $284,430
Shares: -1,520
Change %: -0.2%
Price: $187.12
Shares after: 739,994
Date: 04 Nov 2021
Ownership: Direct
Footnotes: F1, F11

AXON transaction

Common Stock

Options Exercise

Transaction value: $15,925,843
Shares: +87,198
Change %: +12%
Price: $182.64
Shares after: 827,192
Date: 05 Nov 2021
Ownership: Direct

AXON transaction

Common Stock

Sale

Transaction value: $1,939,011
Shares: -10,632
Change %: -1.3%
Price: $182.38
Shares after: 816,560
Date: 05 Nov 2021
Ownership: Direct
Footnotes: F6, F12

AXON transaction

Common Stock

Sale

Transaction value: $1,243,250
Shares: -6,817
Change %: -0.83%
Price: $182.38
Shares after: 809,743
Date: 05 Nov 2021
Ownership: Direct
Footnotes: F1, F12

AXON transaction

Common Stock

Sale

Transaction value: $5,617,625
Shares: -30,642
Change %: -3.8%
Price: $183.33
Shares after: 779,101
Date: 05 Nov 2021
Ownership: Direct
Footnotes: F1, F13

AXON transaction

Common Stock

Sale

Transaction value: $931,870
Shares: -5,069
Change %: -0.65%
Price: $183.84
Shares after: 774,032
Date: 05 Nov 2021
Ownership: Direct
Footnotes: F1, F14

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

AXON transaction Derivative

Employee Stock Option

Options Exercise

Transaction value: $0
Shares: -81,765
Change %: -2.3%
Price: $0.000000
Shares after: 3,511,395
Date: 03 Nov 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 81,765
Exercise price: $28.58

AXON transaction Derivative

Employee Stock Option

Options Exercise

Transaction value: $0
Shares: -63,260
Change %: -1.8%
Price: $0.000000
Shares after: 3,448,135
Date: 04 Nov 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 63,260
Exercise price: $28.58

AXON transaction Derivative

Employee Stock Option

Options Exercise

Transaction value: $0
Shares: -87,198
Change %: -2.5%
Price: $0.000000
Shares after: 3,360,937
Date: 05 Nov 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 87,198
Exercise price: $28.58

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 14 footnotes

Footnote 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.

Footnote F2

The transaction was executed in multiple trades at prices ranging from $181.19 to $182.18. 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.

Footnote F3

The transaction was executed in multiple trades at prices ranging from $182.19 to $183.15. 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.

Footnote F4

The transaction was executed in multiple trades at prices ranging from $183.20 to $184.18. 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.

Footnote F5

The transaction was executed in multiple trades at prices ranging from $184.20 to $185.00. 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.

Footnote F6

This sale of vested restricted stock units was executed pursuant to a filed Rule 10b5-1 plan.

Footnote F7

The transaction was executed in multiple trades at prices ranging from $182.88 to $183.87. 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.

Footnote F8

The transaction was executed in multiple trades at prices ranging from $183.89 to $184.83. 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.

Footnote F9

The transaction was executed in multiple trades at prices ranging from $184.91 to $185.06. 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.

Footnote F10

The transaction was executed in multiple trades at prices ranging from $185.96 to $186.95. 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.

Footnote F11

The transaction was executed in multiple trades at prices ranging from $186.96 to $187.31. 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.

Footnote F12

The transaction was executed in multiple trades at prices ranging from $181.78 to $182.77. 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.

Footnote F13

The transaction was executed in multiple trades at prices ranging from $182.78 to $183.775. 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.

Footnote F14

The transaction was executed in multiple trades at prices ranging from $183.78 to $184.01. 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.