Jennifer H. Mak - Apr 1, 2025 Form 3 Insider Report for AXON ENTERPRISE, INC. (AXON)

Signature
/s/ Jennifer H. Mak by Isaiah Fields, Attorney-in-Fact
Stock symbol
AXON
Transactions as of
Apr 1, 2025
Transactions value $
$0
Form type
3
Date filed
4/4/2025, 04:23 PM
Previous filing
Feb 14, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding AXON Common Stock 17.5K Apr 1, 2025 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 9,574 restricted stock units subject to vesting conditions related to four separate time-vested awards granted to the reporting person pursuant to the Axon Enterprise, Inc. Amended and Restated 2022 Stock Incentive Plan. The grants will vest 160 shares on each of May 31, 2025 and August 31, 2025, 4,305 shares on November 13, 2025, 159 shares on November 30, 2025, 295 shares on March 3, 2026, 294 shares on each of May 31, 2026, August 31, 2026 and November 30, 2026, 1,897 shares on November 13, 2026, and 429 shares on each of March 3, 2027, May 31, 2027, August 31, 2027, and November 30, 2027.
F2 Includes 7,814 performance-based restricted stock units granted on December 22, 2023, for the achievement of tranches 1 and 2 of the Axon Enterprise, Inc. 2024 eXponential Stock Plan, for which the performance conditions were determined to have been certified by the Compensation Committee on March 24, 2025. The restricted stock units will vest for tranche 1 on June 2, 2025, and for tranche 2 on December 1, 2025, subject to continued employment through such dates. Following the vesting of each tranche, the shares applicable to each tranche are subject to a minimum holding period from the vesting date until the earlier of (i) December 31, 2030 and (ii) the date that a subsequent tranche vests, excluding shares that are withheld to cover taxes.
F3 Includes 77 shares issued upon the release of time-vested restricted stock units prior to April 1, 2025.