Joshua Isner - 15 Jun 2023 Form 4 Insider Report for AXON ENTERPRISE, INC. (AXON)

Signature
/s/ Joshua Isner by Isaiah Fields, Attorney-in-Fact
Issuer symbol
AXON
Transactions as of
15 Jun 2023
Net transactions value
-$689,873
Form type
4
Filing time
16 Jun 2023, 16:34:56 UTC
Previous filing
22 May 2023
Next filing
05 Jul 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AXON Common Stock Sale $291,776 -1,482 -0.46% $196.88 319,803 15 Jun 2023 Direct F1
transaction AXON Common Stock Sale $398,097 -1,955 -0.61% $203.63 317,848 16 Jun 2023 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Securities disposed represent securities sold on the open market to settle the reporting person's tax liability incident to the vesting of restricted stock units. This sale of vested restricted stock units was executed pursuant to a filed Rule 10b5-1 trading plan adopted by the reporting person on September 1, 2022.
F2 This sale of vested restricted stock units was executed pursuant to a filed Rule 10b5-1 trading plan adopted by the reporting person on March 14, 2023.