Joshua Isner - Mar 9, 2023 Form 4 Insider Report for AXON ENTERPRISE, INC. (AXON)

Signature
/s/ Joshua Isner by Isaiah Fields, Attorney-in-Fact
Stock symbol
AXON
Transactions as of
Mar 9, 2023
Transactions value $
-$4,657,617
Form type
4
Date filed
3/13/2023, 04:47 PM
Previous filing
Jan 18, 2023
Next filing
May 22, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AXON Common Stock Award $0 +49.9K +21.16% $0.00 286K Mar 9, 2023 Direct F1
transaction AXON Common Stock Tax liability -$4.66M -21.4K -7.48% $217.89 264K Mar 9, 2023 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The transaction consists of performance-based restricted stock units granted on January 2, 2019, for the achievement of tranche ten of the XSPP (eXponential Stock Performance Program) which was approved by shareholders and became effective on February 12, 2019, for which the performance conditions were determined to have been certified by the Compensation Committee on the transaction date. The units for this tranche vested on March 9, 2023. The shares are subject to a 2.5 year minimum holding period from the goal attainment date, excluding shares that are withheld to cover taxes.
F2 Securities disposed represent securities withheld to settle the reporting person's tax liability incident to the vesting of tranche ten of the XSPP (eXponential Stock Performance Plan). The remainder of the shares are subject to a 2.5 year minimum holding period.