Patrick W. Smith - Jan 20, 2023 Form 4 Insider Report for AXON ENTERPRISE, INC. (AXON)

Signature
/s/ Patrick W. Smith, by Isaiah Fields, Attorney-in-Fact
Stock symbol
AXON
Transactions as of
Jan 20, 2023
Transactions value $
$130,068,046
Form type
4
Date filed
1/24/2023, 07:19 PM
Previous filing
Jan 19, 2023
Next filing
Jan 27, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AXON Common Stock Options Exercise $9.67M +52.3K +2.29% $185.02 2.33M Jan 20, 2023 Direct
transaction AXON Common Stock Sale -$4.71M -25.4K -1.09% $185.24 2.31M Jan 20, 2023 Direct F1, F2
transaction AXON Common Stock Sale -$1.18M -6.36K -0.28% $185.24 2.3M Jan 20, 2023 Direct F2, F3
transaction AXON Common Stock Options Exercise $83.9M +444K +19.32% $188.95 2.74M Jan 23, 2023 Direct
transaction AXON Common Stock Sale $40.8M +215K +9.28% $190.17 2.53M Jan 23, 2023 Direct F1
transaction AXON Common Stock Sale -$10.2M -53.7K -2.12% $190.17 2.48M Jan 23, 2023 Direct F3
transaction AXON Common Stock Options Exercise $29.7M +157K +6.36% $188.96 2.63M Jan 24, 2023 Direct
transaction AXON Common Stock Sale -$725K -3.9K -0.15% $185.88 2.63M Jan 24, 2023 Direct F1, F4
transaction AXON Common Stock Sale -$1.25M -6.7K -0.25% $186.85 2.62M Jan 24, 2023 Direct F1, F5
transaction AXON Common Stock Sale -$2.2M -11.7K -0.45% $187.83 2.61M Jan 24, 2023 Direct F1, F6
transaction AXON Common Stock Sale -$10.2M -54.2K -2.08% $188.94 2.56M Jan 24, 2023 Direct F1, F7
transaction AXON Common Stock Sale -$2.79M -14.7K -0.58% $188.94 2.54M Jan 24, 2023 Direct F3, F7
transaction AXON Common Stock Sale -$830K -4.38K -0.17% $189.48 2.54M Jan 24, 2023 Direct F3, F8

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 -52.3K -4.37% $0.00 1.14M Jan 20, 2023 Common Stock 52.3K $28.58 Direct
transaction AXON Employee Stock Option Options Exercise $0 -83.6K -7.31% $0.00 1.06M Jan 23, 2023 Common Stock 83.6K $28.58 Direct
transaction AXON Employee Stock Option Options Exercise $0 -361K -33.99% $0.00 700K Jan 23, 2023 Common Stock 361K $28.58 Direct
transaction AXON Employee Stock Option Options Exercise $0 -157K -22.48% $0.00 543K Jan 24, 2023 Common Stock 157K $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 $185.00 to $185.65. 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 This sale of vested restricted stock units was executed pursuant to a filed Rule 10b5-1 plan.
F4 The transaction was executed in multiple trades at prices ranging from $185.25 to $186.18. 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 $186.30 to $187.26. 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 $187.34 to $188.33. 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.
F7 The transaction was executed in multiple trades at prices ranging from $188.34 to $189.33 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.
F8 The transaction was executed in multiple trades at prices ranging from $189.34 to $189.70. 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.