Patrick W. Smith - Nov 3, 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: Nov 3, 2021
Transactions value $: $16,696,524
Form type: 4
Date filed: 11/5/2021, 08:28 PM
Previous filing: Nov 2, 2021
Next filing: Nov 10, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	Price $	Shares After	Date	Ownership	Footnotes
transaction	AXON	Common Stock	Options Exercise	$15.1 M	+81.8 K	+11.96%	$184.91	765 K	Nov 3, 2021	Direct
transaction	AXON	Common Stock	Sale	-$1.27 M	-6.97 K	-0.91%	$181.79	758 K	Nov 3, 2021	Direct	F1, F2
transaction	AXON	Common Stock	Sale	-$2.82 M	-15.4 K	-2.04%	$182.61	743 K	Nov 3, 2021	Direct	F1, F3
transaction	AXON	Common Stock	Sale	-$1.68 M	-9.15 K	-1.23%	$183.65	734 K	Nov 3, 2021	Direct	F1, F4
transaction	AXON	Common Stock	Sale	-$1.56 M	-8.47 K	-1.15%	$184.58	725 K	Nov 3, 2021	Direct	F1, F5
transaction	AXON	Common Stock	Sale	-$1.85 M	-10 K	-1.38%	$184.58	715 K	Nov 3, 2021	Direct	F5, F6
transaction	AXON	Common Stock	Options Exercise	$11.7 M	+63.3 K	+8.84%	$184.54	779 K	Nov 4, 2021	Direct
transaction	AXON	Common Stock	Sale	-$1.41 M	-7.71 K	-0.99%	$183.50	771 K	Nov 4, 2021	Direct	F6, F7
transaction	AXON	Common Stock	Sale	-$558 K	-3.04 K	-0.39%	$183.50	768 K	Nov 4, 2021	Direct	F1, F7
transaction	AXON	Common Stock	Sale	-$3.28 M	-17.8 K	-2.32%	$184.15	750 K	Nov 4, 2021	Direct	F1, F8
transaction	AXON	Common Stock	Sale	-$300 K	-1.62 K	-0.22%	$185.02	748 K	Nov 4, 2021	Direct	F1, F9
transaction	AXON	Common Stock	Sale	-$1.27 M	-6.84 K	-0.91%	$186.18	742 K	Nov 4, 2021	Direct	F1, F10
transaction	AXON	Common Stock	Sale	-$284 K	-1.52 K	-0.2%	$187.12	740 K	Nov 4, 2021	Direct	F1, F11
transaction	AXON	Common Stock	Options Exercise	$15.9 M	+87.2 K	+11.78%	$182.64	827 K	Nov 5, 2021	Direct
transaction	AXON	Common Stock	Sale	-$1.94 M	-10.6 K	-1.29%	$182.38	817 K	Nov 5, 2021	Direct	F6, F12
transaction	AXON	Common Stock	Sale	-$1.24 M	-6.82 K	-0.83%	$182.38	810 K	Nov 5, 2021	Direct	F1, F12
transaction	AXON	Common Stock	Sale	-$5.62 M	-30.6 K	-3.78%	$183.33	779 K	Nov 5, 2021	Direct	F1, F13
transaction	AXON	Common Stock	Sale	-$932 K	-5.07 K	-0.65%	$183.84	774 K	Nov 5, 2021	Direct	F1, F14

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	Footnotes
transaction	AXON	Employee Stock Option	Options Exercise	$0	-81.8 K	-2.28%	$0.00	3.51 M	Nov 3, 2021	Common Stock	81.8 K	$28.58	Direct
transaction	AXON	Employee Stock Option	Options Exercise	$0	-63.3 K	-1.8%	$0.00	3.45 M	Nov 4, 2021	Common Stock	63.3 K	$28.58	Direct
transaction	AXON	Employee Stock Option	Options Exercise	$0	-87.2 K	-2.53%	$0.00	3.36 M	Nov 5, 2021	Common Stock	87.2 K	$28.58	Direct

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 $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.
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.
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.
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.
F6	This sale of vested restricted stock units was executed pursuant to a filed Rule 10b5-1 plan.
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.
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.
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.
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.
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.
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.
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.
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.