Brittany Bagley - Dec 14, 2023 Form 4 Insider Report for AXON ENTERPRISE, INC. (AXON)

Role
COO & CFO
Signature
/s/ Brittany Bagley by Isaiah Fields, Attorney-in-Fact
Stock symbol
AXON
Transactions as of
Dec 14, 2023
Transactions value $
-$1,251,291
Form type
4
Date filed
12/18/2023, 04:18 PM
Previous filing
Nov 21, 2023
Next filing
Dec 27, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AXON Common Stock Sale -$1.08M -4.3K -3.71% $250.09 111K Dec 14, 2023 Direct F1, F2
transaction AXON Common Stock Sale -$176K -700 -0.63% $251.31 111K Dec 14, 2023 Direct F1, F3
* 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 received upon settlement of vested restricted stock units was executed pursuant to a filed Rule 10b5-1 trading plan adopted by the reporting person on August 18, 2023.
F2 The transaction was executed in multiple trades at prices ranging from $250.00 to $250.57. 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 $251.31 to $251.33. 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.