Patrick W. Smith - 25 Jan 2023 Form 4 Insider Report for AXON ENTERPRISE, INC. (AXON)

Reporting relationship: CHIEF EXECUTIVE OFFICER, Director
Issuer ticker: AXON
Reported as of: 25 Jan 2023
Net transaction value: +$40,984,361
SEC form: 4
Accepted by SEC: 27 Jan 2023, 17:55:11 UTC
Prior SEC filing: 24 Jan 2023
Next SEC filing: 13 Mar 2023
Source filing: View source filing
Reporting owner signature: /s/ Patrick W. Smith, by Isaiah Fields, Attorney-in-Fact

Key filing fact

Patrick W. Smith filed Form 4 for AXON ENTERPRISE, INC. (AXON) on 27 Jan 2023.

Key facts

This page summarizes Patrick W. Smith's Form 4 filing for AXON ENTERPRISE, INC. (AXON).
31 reported transactions and 4 derivative rows are listed below.
Accepted by SEC: 27 Jan 2023, 17:55.

Change

Previous filing in this sequence was filed on 24 Jan 2023.
Current net transaction value: +$40,984,361.

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: $30,355,792
Shares: +157,955
Change %: +6.2%
Price: $192.18
Shares after: 2,695,649
Date: 25 Jan 2023
Ownership: Direct

AXON transaction

Common Stock

Sale

Transaction value: $890,232
Shares: -4,803
Change %: -0.18%
Price: $185.35
Shares after: 2,690,846
Date: 25 Jan 2023
Ownership: Direct
Footnotes: F1, F2

AXON transaction

Common Stock

Sale

Transaction value: $758,295
Shares: -4,072
Change %: -0.15%
Price: $186.22
Shares after: 2,686,774
Date: 25 Jan 2023
Ownership: Direct
Footnotes: F1, F3

AXON transaction

Common Stock

Sale

Transaction value: $1,880,291
Shares: -10,026
Change %: -0.37%
Price: $187.54
Shares after: 2,676,748
Date: 25 Jan 2023
Ownership: Direct
Footnotes: F1, F4

AXON transaction

Common Stock

Sale

Transaction value: $1,784,440
Shares: -9,455
Change %: -0.35%
Price: $188.73
Shares after: 2,667,293
Date: 25 Jan 2023
Ownership: Direct
Footnotes: F1, F5

AXON transaction

Common Stock

Sale

Transaction value: $3,566,545
Shares: -18,833
Change %: -0.71%
Price: $189.38
Shares after: 2,648,460
Date: 25 Jan 2023
Ownership: Direct
Footnotes: F1, F6

AXON transaction

Common Stock

Sale

Transaction value: $2,120,647
Shares: -11,114
Change %: -0.42%
Price: $190.81
Shares after: 2,637,346
Date: 25 Jan 2023
Ownership: Direct
Footnotes: F1, F7

AXON transaction

Common Stock

Sale

Transaction value: $2,733,647
Shares: -14,242
Change %: -0.54%
Price: $191.94
Shares after: 2,623,104
Date: 25 Jan 2023
Ownership: Direct
Footnotes: F1, F8

AXON transaction

Common Stock

Sale

Transaction value: $840,265
Shares: -4,367
Change %: -0.17%
Price: $192.41
Shares after: 2,618,737
Date: 25 Jan 2023
Ownership: Direct
Footnotes: F1, F9

AXON transaction

Common Stock

Sale

Transaction value: $3,699,704
Shares: -19,228
Change %: -0.73%
Price: $192.41
Shares after: 2,599,509
Date: 25 Jan 2023
Ownership: Direct
Footnotes: F9, F10

AXON transaction

Common Stock

Options Exercise

Transaction value: $42,279,712
Shares: +219,829
Change %: +8.5%
Price: $192.33
Shares after: 2,819,338
Date: 26 Jan 2023
Ownership: Direct

AXON transaction

Common Stock

Sale

Transaction value: $2,063,101
Shares: -11,021
Change %: -0.39%
Price: $187.20
Shares after: 2,808,317
Date: 26 Jan 2023
Ownership: Direct
Footnotes: F1, F11

AXON transaction

Common Stock

Sale

Transaction value: $2,280,170
Shares: -12,106
Change %: -0.43%
Price: $188.35
Shares after: 2,796,211
Date: 26 Jan 2023
Ownership: Direct
Footnotes: F1, F12

AXON transaction

Common Stock

Sale

Transaction value: $2,826,491
Shares: -14,919
Change %: -0.53%
Price: $189.46
Shares after: 2,781,292
Date: 26 Jan 2023
Ownership: Direct
Footnotes: F1, F13

AXON transaction

Common Stock

Sale

Transaction value: $5,830,438
Shares: -30,644
Change %: -1.1%
Price: $190.26
Shares after: 2,750,648
Date: 26 Jan 2023
Ownership: Direct
Footnotes: F1, F14

AXON transaction

Common Stock

Sale

Transaction value: $7,316,670
Shares: -38,257
Change %: -1.4%
Price: $191.25
Shares after: 2,712,391
Date: 26 Jan 2023
Ownership: Direct
Footnotes: F1, F15

AXON transaction

Common Stock

Sale

Transaction value: $52,976
Shares: -277
Change %: -0.01%
Price: $191.25
Shares after: 2,712,114
Date: 26 Jan 2023
Ownership: Direct
Footnotes: F10, F15

AXON transaction

Common Stock

Sale

Transaction value: $4,286,227
Shares: -22,306
Change %: -0.82%
Price: $192.16
Shares after: 2,689,808
Date: 26 Jan 2023
Ownership: Direct
Footnotes: F10, F16

AXON transaction

Common Stock

Sale

Transaction value: $553,975
Shares: -2,864
Change %: -0.11%
Price: $193.43
Shares after: 2,686,944
Date: 26 Jan 2023
Ownership: Direct
Footnotes: F10, F17

AXON transaction

Common Stock

Sale

Transaction value: $250,799
Shares: -1,290
Change %: -0.05%
Price: $194.42
Shares after: 2,685,654
Date: 26 Jan 2023
Ownership: Direct
Footnotes: F10, F18

AXON transaction

Common Stock

Options Exercise

Transaction value: $30,480,169
Shares: +159,074
Change %: +5.9%
Price: $191.61
Shares after: 2,844,728
Date: 27 Jan 2023
Ownership: Direct

AXON transaction

Common Stock

Sale

Transaction value: $4,224,941
Shares: -22,326
Change %: -0.78%
Price: $189.24
Shares after: 2,822,402
Date: 27 Jan 2023
Ownership: Direct
Footnotes: F1, F19

AXON transaction

Common Stock

Sale

Transaction value: $8,764,465
Shares: -46,086
Change %: -1.6%
Price: $190.18
Shares after: 2,776,316
Date: 27 Jan 2023
Ownership: Direct
Footnotes: F1, F20

AXON transaction

Common Stock

Sale

Transaction value: $1,690,981
Shares: -8,848
Change %: -0.32%
Price: $191.11
Shares after: 2,767,468
Date: 27 Jan 2023
Ownership: Direct
Footnotes: F1, F21

AXON transaction

Common Stock

Sale

Transaction value: $777,836
Shares: -4,070
Change %: -0.15%
Price: $191.11
Shares after: 2,763,398
Date: 27 Jan 2023
Ownership: Direct
Footnotes: F10, F21

AXON transaction

Common Stock

Sale

Transaction value: $1,551,040
Shares: -8,061
Change %: -0.29%
Price: $192.41
Shares after: 2,755,337
Date: 27 Jan 2023
Ownership: Direct
Footnotes: F10, F22

AXON transaction

Common Stock

Sale

Transaction value: $1,387,136
Shares: -7,184
Change %: -0.26%
Price: $193.09
Shares after: 2,748,153
Date: 27 Jan 2023
Ownership: Direct
Footnotes: F10, F23

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: -12,429
Change %: -2.3%
Price: $0.000000
Shares after: 530,488
Date: 25 Jan 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 12,429
Exercise price: $28.58

AXON transaction Derivative

Employee Stock Option

Options Exercise

Transaction value: $0
Shares: -145,526
Change %: -27%
Price: $0.000000
Shares after: 384,962
Date: 25 Jan 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 145,526
Exercise price: $28.58

AXON transaction Derivative

Employee Stock Option

Options Exercise

Transaction value: $0
Shares: -219,829
Change %: -57%
Price: $0.000000
Shares after: 165,133
Date: 26 Jan 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 219,829
Exercise price: $28.58

AXON transaction Derivative

Employee Stock Option

Options Exercise

Transaction value: $0
Shares: -159,074
Change %: -96%
Price: $0.000000
Shares after: 6,059
Date: 27 Jan 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 159,074
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 23 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 $185.00 to $185.98. 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 $186.01 to $187.00. 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 F4

The transaction was executed in multiple trades at prices ranging from $187.01 to $188.00. 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 F5

The transaction was executed in multiple trades at prices ranging from $188.10 to $189.09. 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

The transaction was executed in multiple trades at prices ranging from $189.10 to $190.06. 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 F7

The transaction was executed in multiple trades at prices ranging from $190.14 to $191.13. 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.

Footnote F8

The transaction was executed in multiple trades at prices ranging from $191.15 to $192.14. 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 $192.15 to $193.02. 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.

Footnote F10

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

Footnote F11

The transaction was executed in multiple trades at prices ranging from $186.70 to $187.66. 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 $187.80 to $188.79. 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 $188.80 to $189.79. 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 $189.80 to $190.79. 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 F15

The transaction was executed in multiple trades at prices ranging from $190.80 to $191.79. 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 F16

The transaction was executed in multiple trades at prices ranging from $191.83 to $192.80. 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 F17

The transaction was executed in multiple trades at prices ranging from $193.00 to $193.98. 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 F18

The transaction was executed in multiple trades at prices ranging from $194.07 to $194.50. 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 F19

The transaction was executed in multiple trades at prices ranging from $188.74 to $189.73. 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.

Footnote F20

The transaction was executed in multiple trades at prices ranging from $189.78 to $190.77. 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 F21

The transaction was executed in multiple trades at prices ranging from $190.78 to $191.70. 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.

Footnote F22

The transaction was executed in multiple trades at prices ranging from $191.82 to $192.76. 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 F23

The transaction was executed in multiple trades at prices ranging from $192.82 to $193.69. 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.