Joshua Isner - Oct 2, 2023 Form 4 Insider Report for AXON ENTERPRISE, INC. (AXON)

Role
PRESIDENT
Signature
/s/ Joshua Isner by Isaiah Fields, Attorney-in-Fact
Stock symbol
AXON
Transactions as of
Oct 2, 2023
Transactions value $
-$5,831,990
Form type
4
Date filed
10/4/2023, 07:11 PM
Previous filing
Sep 8, 2023
Next filing
Dec 5, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AXON Common Stock Sale -$3.14M -16K -4.15% $195.64 370K Oct 2, 2023 Direct F1, F2
transaction AXON Common Stock Sale -$1.01M -5.12K -1.38% $196.51 365K Oct 2, 2023 Direct F1, F3
transaction AXON Common Stock Sale -$1.36M -6.89K -1.89% $197.46 358K Oct 2, 2023 Direct F1, F4
transaction AXON Common Stock Sale -$328K -1.65K -0.46% $198.45 356K Oct 2, 2023 Direct F1, F5
* 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 This sale of shares underlying vested restricted stock units was executed pursuant to a filed Rule 10b5-1 trading plan adopted by the reporting person on March 14, 2023.
F2 The transaction was executed in multiple trades at prices ranging from $195.08 to $196.0762. 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 The transaction was executed in multiple trades at prices ranging from $196.08 to $197.0447. 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.
F4 The transaction was executed in multiple trades at prices ranging from $197.1482 to $198.1475. 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 $198.165 to $198.8871. 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.