Patrick W. Smith - 03 Apr 2023 Form 4 Insider Report for AXON ENTERPRISE, INC. (AXON)

Reporting relationship: CHIEF EXECUTIVE OFFICER, Director
Issuer ticker: AXON
Reported as of: 03 Apr 2023
Net transaction value: +$665,261
SEC form: 4
Accepted by SEC: 04 Apr 2023, 19:20:08 UTC
Prior SEC filing: 31 Mar 2023
Next SEC filing: 22 May 2023
Source filing: View source filing
Reporting owner signature: /s/ Patrick W. Smith, by Isaiah Fields

Key filing fact

Patrick W. Smith filed Form 4 for AXON ENTERPRISE, INC. (AXON) on 04 Apr 2023.

Key facts

This page summarizes Patrick W. Smith's Form 4 filing for AXON ENTERPRISE, INC. (AXON).
4 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 04 Apr 2023, 19:20.

Change

Previous filing in this sequence was filed on 31 Mar 2023.
Current net transaction value: +$665,261.

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: $1,248,598
Shares: +5,491
Change %: +0.18%
Price: $227.39
Shares after: 2,988,260
Date: 03 Apr 2023
Ownership: Direct
Footnotes: F1

AXON transaction

Common Stock

Sale

Transaction value: $322,258
Shares: -1,439
Change %: -0.05%
Price: $223.95
Shares after: 2,986,821
Date: 03 Apr 2023
Ownership: Direct
Footnotes: F1, F2, F3

AXON transaction

Common Stock

Sale

Transaction value: $261,080
Shares: -1,161
Change %: -0.04%
Price: $224.87
Shares after: 2,985,660
Date: 03 Apr 2023
Ownership: Direct
Footnotes: F1, F2, F4

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: -5,491
Change %: -93%
Price: $0.000000
Shares after: 443
Date: 03 Apr 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 5,491
Exercise price: $28.58
Footnotes: F1

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

Additional SEC filing notes

Filing notes and footnotes

Rule 10b5-1 trading plan

These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.

Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).

Explanation of responses 4 footnotes

Footnote F1

The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 28, 2022.

Footnote F2

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 F3

The transaction was executed in multiple trades at prices ranging from $223.40 to $224.30. 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 $224.52 to $225.10. 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.