Patrick W. Smith - 30 Sep 2024 Form 4 Insider Report for AXON ENTERPRISE, INC. (AXON)

Role: CHIEF EXECUTIVE OFFICER, Director
Signature: /s/ Patrick W. Smith by Isaiah Fields, Attorney-in-Fact
Issuer symbol: AXON
Transactions as of: 30 Sep 2024
Net transactions value: +$1,841,737
Form type: 4
Filing time: 02 Oct 2024, 20:27:06 UTC
Previous filing: 04 Sep 2024
Next filing: 04 Oct 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AXON	Common Stock	Options Exercise	$4,043,153	+10,118		$399.60	2,935	30 Sep 2024	Direct	F1
transaction	AXON	Common Stock	Sale	$1,898,515	-4,746	-0.16%	$400.02	2,930,199	30 Sep 2024	Direct	F1, F2, F3
transaction	AXON	Common Stock	Options Exercise	$40,288,085	+100,917	+3.4%	$399.22	3,031,116	01 Oct 2024	Direct	F1
transaction	AXON	Common Stock	Sale	$18,928,997	-47,314	-1.6%	$400.07	2,983,802	01 Oct 2024	Direct	F1, F2, F4
transaction	AXON	Common Stock	Options Exercise	$23,851,932	+58,965	+2%	$404.51	3,042,767	02 Oct 2024	Direct	F1
transaction	AXON	Common Stock	Sale	$5,369,749	-13,422	-0.44%	$400.07	3,029,345	02 Oct 2024	Direct	F1, F2, F5
transaction	AXON	Common Stock	Sale	$953,138	-2,373	-0.08%	$401.66	3,026,972	02 Oct 2024	Direct	F1, F2, F6
transaction	AXON	Common Stock	Sale	$4,795,733	-11,912	-0.39%	$402.60	3,015,060	02 Oct 2024	Direct	F1, F2, F7
transaction	AXON	Common Stock	Sale	$6,285,744	-15,613	-0.52%	$402.60	2,999,447	02 Oct 2024	Direct	F1, F7
transaction	AXON	Common Stock	Sale	$20,130,262	-49,896	-1.7%	$403.44	2,949,551	02 Oct 2024	Direct	F1, F8
transaction	AXON	Common Stock	Sale	$6,464,575	-15,986	-0.54%	$404.39	2,933,565	02 Oct 2024	Direct	F1, F9
transaction	AXON	Common Stock	Sale	$1,514,718	-3,738	-0.13%	$405.22	2,929,827	02 Oct 2024	Direct	F1, F10

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	AXON	Employee Stock Option	Options Exercise	$0	-10,118	-5.3%	$0.000000	180,813	30 Sep 2024	Common Stock	10,118	$28.58	Direct	F1
transaction	AXON	Employee Stock Option	Options Exercise	$0	-100,917	-56%	$0.000000	79,896	01 Oct 2024	Common Stock	100,917	$28.58	Direct	F1
transaction	AXON	Employee Stock Option	Options Exercise	$0	-58,965	-74%	$0.000000	20,931	02 Oct 2024	Common Stock	58,965	$28.58	Direct	F1

* 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	The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 24, 2024.
F2	Securities disposed represent securities sold to settle the reporting person's tax liability and exercise price pursuant to a filed Rule 10b5-1 trading plan adopted by the reporting person on May 24, 2024. The remainder of the shares, with the exception of those reported on this Form 4, are subject to a 2.5 year holding period.
F3	The transaction was executed in multiple trades at prices ranging from $400.00 to $400.07. 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 $400.00 to $400.79. 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 $400.00 to $400.88. 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.
F6	The transaction was executed in multiple trades at prices ranging from $401.00 to $401.98. 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.
F7	The transaction was executed in multiple trades at prices ranging from $402.00 to $402.99. 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.
F8	The transaction was executed in multiple trades at prices ranging from $403.00 to $403.99. 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.
F9	The transaction was executed in multiple trades at prices ranging from $404.00 to $404.97. 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.
F10	The transaction was executed in multiple trades at prices ranging from $405.00 to $405.83. 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.